College Finance
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.
Classroom to Table Program Returns With 'Limited' Funding
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.
Undergraduate Council's Annual Budget Increases By More Than One-Third
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.
Faculty of Arts and Sciences Ends FY 2018 with $3.1 Million Surplus
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.
‘Asking For More’: Student Group Funding at Harvard College
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.
Classroom to Table Shuts Down After Reaching Funding Limit
The closure comes shortly after the initiative announced new restrictions for the spring 2018 semester.
Harvard College Enrollment Costs Rise 3 Percent for 2018-2019
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.
UC Expands Bicycle Subsidy Program
The UC voted Sunday to expand its new bicycle subsidy program after close to 200 students signed up for the program in under one week.
HCFA
UC Finance Committee (Chair: Henry Atkins) votes to amend resolution regarding HCFA funding. Passed 8-2.
UC Finance Committee Recommends Legislation to Ban Funding for HCFA
The UC finance committee voted to recommend legislation that would bar religious group Harvard College Faith and Action from all Council funding.
Republican Tax Plan Could Mean Added Business Income Tax for Harvard
Hidden in the Tax Cuts and Jobs Act passed last year is a change in the way taxes are calculated for nonprofits that could lead to increased expenses for Harvard.
Cashing In On Crimson
From nonprofit workshops to lucrative college consulting businesses, here's the story of how organizations leverage the Harvard brand to advance their interests.
‘Classroom to Table’ Program Returns for a Third Year
Classroom to Table has returned for another year, but with slight modificiations.
Strong Public Markets May Bode Well for Harvard
Robust growth in public markets may portend growth for Harvard's endowment in fiscal year 2017.
New Club Approval System Looks to Prevent Student Group Overlap
The Undergraduate Council's Rules Committee will only recommend new student groups for approval if they are not too similar to existing ones as part of a College-wide charge to limit redundancies in student organizations.
Classroom to Table Program Halts for Semester After Reaching Budget Limit
Classroom to Table, a popular program which provides students and faculty money to dine in Harvard Square, has recently run out of funds for the semester.
Cost of Enrollment Rises 4.1 Percent, Marks Largest Increase in Decade
The cost of attending Harvard College will be $65,609 in the 2017-2018 academic year, representing a 4.10 percent increase from last year.
UC Grant Processing Platform Suffers Hacking Attempt
A hacker purportedly attempted to access the Undergraduate Council's new software for processing funding applications this week.
UC Internally Debuts New Software for Vetting Grants
The Undergraduate Council’s Finance Committee internally debuted a system meant to streamline the Council’s grant application and approval process Wednesday.
The 10 Stories That Shaped 2016
There was no shortage of surprises in 2016. Between unprecedented penalties on members of undergraduate social organizations, the stunning rise of Donald Trump to the presidency, and a dining workers strike that lasted more than three weeks, events at Harvard and beyond defied expectations and challenged norms. The Crimson takes a look back at the essential stories of a pivotal year.