“I feel that my tenure has been committed in considerable part to expanding openness, access to Harvard,” Faust told the courtroom Thursday.
The gift is the largest donation made to Harvard in recent years specifically to fund the education of students who are current or former members of the U.S. military.
Harvard School of Public Health Dean Will Spend Capital Campaign Cash on Construction, Financial Aid
Harvard School of Public Health Dean Michelle A. Williams plans to use the added cash raised through the school's capital campaign to bolster financial aid programs, renovate old campus buildings, and erect new ones.
Bacow said the brand-new, Republican-backed tax on Harvard's $39.2 billion endowment will deal a blow to the University — but added he will protect the school's financial aid programs at almost any cost.
The New York University School of Medicine generated national headlines and some glowing editorials when it announced over the summer that it planned to go tuition-free. Harvard, though, has no plans to follow suit.
Harvard students who receive financial aid opened an email Sunday evening asking them to check their term bills — and discovered they suddenly appeared to owe Harvard full tuition.
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.
Harvard University Health Services Director Paul J. Barreira said in an interview earlier this month he thinks students don’t fully understand their health insurance options.
Sally C. Donahue, the College’s financial aid director who helped launch the Harvard Financial Aid Initiative, will retire in August.
Sally C. Donahue, director of financial aid at the College and a senior admissions officer, will retire in August after more than 18 years in her position.
Graduate students say they are concerned about the tax plan’s “devastating” elimination of deductions for interest on student loans.