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.
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 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.
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 — 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.
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.
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.
The popular “Classroom to Table” program — a College initiative that funds meals between undergraduates and faculty members around Harvard Square — re-opened its registration portal for the fall 2018 semester this past Monday.
Following at least four years of budget deficits, The Faculty of Arts and Sciences ended fiscal year 2018 with a $3.1 million surplus, according to the Dean’s annual report.
The $650,000 budget — which will likely be given the final nod by administrators in the coming days — will provide the Council with a roughly 34 percent increase in revenue from last year.
As the number of recognized student groups on campus has spiked, funding has failed to keep pace. Now, the College is upping the student activities fee from $75 to $200.
The closure comes shortly after the initiative announced new restrictions for the spring 2018 semester.
The cost of attendance for Harvard College will be $67,580 for the 2018-2019 academic year, an increase of about 3 percent—or $1,971—from the previous year.
The UC finance committee voted to recommend legislation that would bar religious group Harvard College Faith and Action from all Council funding.