College Finance
Harvard Dean of Students Office Weighing Proposal to Temporarily Freeze Creation of New Clubs
Harvard College’s Dean of Students Office has proposed a temporary pause on the creation of new student organizations, citing limited resources to accommodate the needs of existing clubs.
Harvard House Renewal Project Delayed and Over Budget After Pandemic Setbacks
As the renovation of Adams House, one of Harvard’s undergraduate residential houses, enters its third phase this June, the University anticipates an unprecedented 12 to 14 percent rise in costs — nearly 10 percentage points higher than the traditional 4 percent benchmark.
Harvard Undergraduate Association Approves $2,700 for Pro-Affirmative Action Protest at General Meeting
Convening for its weekly general meeting Sunday, the Harvard Undergraduate Association voted to allocate $2,700 toward the Harvard Affirmative Action Coalition to support its demonstrations at the Supreme Court later this month.
Harvard Undergraduate Association Receives $550k from Dean of Students Office
The Dean of Students Office allocated $550,000 to the Harvard Undergraduate Association Monday — a 10 percent increase from the usual yearly budget of its predecessor, the Harvard Undergraduate Council.
As Tuition Rises 3%, Harvard College Raises Non-Contribution Threshold to Expand Financial Aid
Beginning with the Class of 2026, families with annual incomes under $75,000 will pay nothing to attend Harvard College — marking a $10,000 increase from the previous threshold — the College announced Thursday evening.
Harvard UC Finance Audit Finds No Irregularities, Vindicates Accused Council Members
An audit of the Undergraduate Council’s finances has “yet to find evidence of any financial irregularities,” according to the report released Thursday in an email from Undergraduate Council President Michael Y. Cheng ’22 and Vice President Emmett E. de Kanter ’24.
Endowment Scraps Apple, Slashes Facebook Holdings in Fourth Quarter
HMC’s acquisitions and liquidations were reported in its latest filings with the Securities and Exchange Commission, which requires investment managers who oversee more than $100 million in assets to disclose their public securities portfolio each quarter.
Dean of Students Office Praises Compliance With Covid Rules, Discusses Spring Programming
Reflecting on the first two weeks of the semester, Dean of Students Katherine G. O’Dair lauded students in a Monday interview for their adherence to Covid-19 policies since returning to campus amid a nationwide surge in Omicron cases.
Classroom to Table Returns With Coffee Break Edition
Classroom to Table, the popular College program that brings faculty and students together to share food and company, is back for the first time since the pandemic’s onset — albeit through a modified format.
UC Doubles Wintersession Grants and Funds ‘Crimson Takes Cambridge’ Program
The Undergraduate Council passed legislation to expand the Wintersession program and to fund a new program that will allow students to explore local restaurants at a discounted rate during its Sunday meeting.
Harvard Affiliates Troubled by Biden’s Stance on Student Loan Debt
Harvard students reacted with disappointment and frustration after President Joe Biden said on Feb. 16 he would not forgive more than $10,000 in federal student loan debt per borrower, singling out Harvard as an institution whose students did not require debt relief.
Will Joe Biden Deliver on His Promises to Alleviate Student Loan Debt?
President-elect Joe Biden pledged multiple times on the campaign trail to alleviate debt. Many of Biden’s supporters, however, remain skeptical as to whether the incoming administration will deliver on its promise to alleviate the financial anxiety facing millions of Americans.
Harvard Will Not Apply For Federal Aid From Second Coronavirus Stimulus Package
Harvard will not apply for federal aid from the latest Congressional Covid-19 stimulus package, University spokesperson Jason A. Newton wrote in a statement Monday.
After a Rocky Year, Harvard Faces an Uncertain Economic Climate in 2021, Hollister Says
After a turbulent year for the University and its finances, Harvard is set to grapple with an uncertain economic outlook in 2021, University Vice President for Finances Thomas J. Hollister said in an interview with The Crimson Thursday.
As Coronavirus Tanks Economy, Job-Seeking Seniors Face Twin Crises
For seniors set to graduate, the coronavirus has rapidly changed where and how they expected to live, work, and build a career. In a matter of months, the global health crisis has flummoxed both members of the class of 2020 and the Harvard officials tasked with guiding them.
UC Funds Printing and Laundry Stipends for Some SEF-Eligible Students
The UC voted to allocate $10,000 to fund printing and laundry for Student Events Fund-eligible students and another $10,000 to fund Wintersession grants at its general meeting Sunday.
GSC Meeting
The Harvard Graduate Student Council discusses the recent Financial Wellness Survey conducted among the student body Wednesday evening.
Harvard-Smithsonian Center for Astrophysics
The Harvard-Smithsonian Center for Astrophysics is where researchers worked to produce the first-ever picture of a black hole.
Ahead of Commencement, Divestment Organizers Call on Alumni to Suspend Donations to Harvard
Harvard fossil fuel and prison divestment activists launched pledges this week calling on alumni to withhold donations to the University until administrators concede to their demands.
Dean for Administration Says Harvard College Looking to Limit Spending
Harvard College is exploring ways to limit spending in preparation for a future fiscal downturn more than ten years after the 2008 financial crisis hit the University, College Dean for Administration Sheila C. Thimba said in an April 30 interview.
Following Activities Fee Increase, More Students Opt Out
Following the College’s decision last year to raise the student activities fee — an optional sum Harvard undergraduates pay as part of their enrollment costs — more students opted out of paying the fee this year.
Nearly Half of Harvard’s Annual Revenue Derived from Donors
Forty-five percent of Harvard’s annual revenue comes from donors — either as endowment returns or direct gifts — University Chief Financial Officer and Vice President for Finance Thomas J. Hollister said in an interview Wednesday.
Classroom to Table Program Again Cancelled Mid-Semester
Classroom to Table — a program that brings together undergraduates and their professors for College-subsidized fine dining in Harvard Square — has been cancelled mid-semester due to lack of funding for the third consecutive term.
For Third Consecutive Year, Classroom to Table Program Runs Out of Money
Classroom to Table — a popular College initiative that subsidizes fine dining for students and their professors in the Square — has run out of funding yet again.
UC Questions When to Pay for Student Events Under New Funding Structure
A recent update to the way the College funds student groups has left the Undergraduate Council with more money than ever before. But it has also sparked disagreements within the body over when it should fund student events.