Executive Vice President Katie Lapp and Treasurer Paul Finnegan spoke with the Gazette about Harvard’s financial landscape and the ongoing financial pressure facing the University.
Harvard University announced today that its endowment posted a 15.4 percent return and was valued at $36.4 billion for the fiscal year ended June 30, 2014. The fiscal year 2014 endowment return was 82 basis points in excess of the 14.6 percent return on the benchmark Policy Portfolio.
Nearly 82 percent of the students admitted to the Class of 2018 will matriculate at Harvard College, which would be the highest percentage to attend since slightly more than 83 percent of those admitted to the Class of 1973 came in 1969.
The Harvard Gazette spoke with five members of Harvard’s governing boards, who also serve as co-chairs of the Harvard Campaign, to discuss Harvard’s fundraising effort, the environment in which it is occurring, its priorities, and its meaning to the co-chairs who give their time to execute it.
Donors and students recently gathered for the Celebration of Scholarships dinner, an annual event that brings together students who benefit from financial aid with donors who support the program.
Harvard College has sent admission notifications to 2,023 students, 5.9 percent of the applicant pool of 34,295. Included are record numbers of African-American and Latino students, who constitute 11.9 and 13 percent of the admitted class, respectively.
Harvard University announced today that alumnus Kenneth Griffin, A.B. ’89, founder and chief executive officer of Citadel, has made the largest gift in Harvard College history. The $150 million gift is principally focused on supporting Harvard’s financial aid program.
Applications to Harvard have remained near record highs for the fourth year in a row. This year, 34,295 sought admission to the Class of 2018.
Admission notifications have been sent under the Early Action program to 992 prospective members of the Harvard College Class of 2018.
Approximately 60 percent of Harvard College students receive need-based scholarship aid, and 20 percent of families pay nothing. To keep Harvard College affordable for students from nearly every financial background, funding for this program is one of six top priorities in the Faculty of Arts and Sciences’ Capital Campaign.
FAS Dean Michael D. Smith formally launched the $2.5 billion Harvard Campaign for Arts and Sciences on Saturday morning at a standing-room only alumni event at Sanders Theatre.
Harvard College today announced a new initiative to encourage promising students from modest economic backgrounds to attend and complete college. It will use social media, video, and other Web-based communications, along with traditional forms of outreach, to connect high school students to Harvard and to other public and private colleges.
Faculty of Arts and Sciences Dean Michael D. Smith recently spoke about the priorities for the coming campaign and his vision for the FAS.
Harvard University announced today that its endowment posted an 11.3 percent return and was valued at $32.7 billion for the fiscal year that ended June 30, 2013.
The Harvard Campaign will help support growing advancements in interdisciplinary collaboration and integrated knowledge across the University.
Harvard University kicked off the public phase of a $6.5 billion fundraising campaign today, designed to benefit key priorities during constrained financial times. If successful, it would be the largest ever in higher education.
Harvard simultaneously faces stiff economic challenges and evolving opportunities, President Drew Faust said in her opening-of-year speech.
A glance at Harvard's University-wide commitment to financial aid, the foundation of Harvard's effort to attract the most qualified students across the nation and around the world
One Harvard is a compilation of stories that illustrate the powerful outcomes that result from multi-School collaborations across the University.
Financial aid helps make the dream of attending Harvard a reality. From My House to Our Harvard | 2012 FAS Film
Harvard College will increase its financial aid budget for the 2013–14 academic year by $10 million, or 5.8 percent, bringing the total to a record $182 million. Since 2007, Harvard’s investment in financial aid for undergraduates at the College has increased by 88 percent.
Driven by historic levels of financial aid, the number of applications to Harvard College remained high this year. Applications reached a record 35,022, the third consecutive year with numbers near 35,000. Last year 34,303 applied, and two years ago 34,950 did.
Harvard College has admitted 895 students to the Class of 2017 under the Early Action program, an increase of 16 percent over last year.
A total of 4,856 students have applied for admission to Harvard’s Class of 2017 under the Early Action program, an increase of 14.9 percent over last year. The Class of 2016 had 4,228 students in the early pool.
Harvard University announced today that its endowment posted a -0.05% return and was valued at $30.7 billion for the fiscal year that ended June 30, 2011. The fiscal year 2012 endowment return was 98 basis points in excess of the -1.03% return on the benchmark Policy Portfolio.
Nearly 81 percent of students admitted to Harvard’s Class of 2016 have chosen to matriculate at the College. The last time the yield on admitted students reached 80 percent was 41 years ago.
Harvard College will increase financial aid for undergraduates to a record $172 million for the next academic year.
Applications have leveled off after five consecutive years of record numbers. A total of 34,285 applications were received, a dip from last year’s record 34,950. Two years ago, 30,489 applied; 10 years ago, 18,932 applied.
Seven hundred and seventy-two students have been admitted to the Harvard College Class of 2016 through the Early Action program, which was reinstated this year after a four-year absence.
Harvard University announced today that its endowment earned a 21.4 percent return for the fiscal year that ended June 30, 2011.
Harvard College will expand its investment in undergraduate financial aid this year by more than $10 million, providing a record $166 million in need-based scholarships to undergraduates. Beginning in the fall of 2012, financial aid will be further increased for low-income students by raising the income level under which parents pay nothing for the cost of attendance.
Motivated by the collective impact of their gifts, alumni are giving immediate use funds to support the Harvard experience today and in the future. Harvard’s newest alumni were the first to reach their participation milestone with a record-breaking Senior Gift Campaign, achieving an 82 percent participation rate.
Almost 35,000 students applied to Harvard College for admission to the Class of 2015. Letters of admission and email notifications were sent to 2,158 students, 6.2 percent of the record pool of 34,950. More than 60 percent of the admitted students will receive need-based scholarships averaging more than $40,000.
Harvard College will restore early action and create a new initiative to level the playing field in early admission.
Harvard College will increase its tuition by 3.8 percent for the upcoming 2011-12 academic year, resulting in a total undergraduate package price of $52,650. More than 60 percent of students to receive need-based scholarships
Law firm Andrews Kurth LLP has created the Richard H. Caldwell Financial Aid Fund, named after its deceased senior partner Richard Caldwell, a 1963 graduate of Harvard Law School.
As it emerges from the worst of the global financial crisis, Harvard's Faculty of Arts and Sciences (FAS) is renewing its focus on priorities ranging from House Renewal to innovative pedagogy. With the release of the 2010 FAS annual report, Dean Michael D. Smith, John H. Finley Jr. Professor of Engineering and Applied Sciences, spoke to the Gazette about his goals for the year.
In 2004, Harvard announced an initiative to make the University more accessible to low-income families by expanding recruitment and eliminating parental contributions for eligible students. Since then, 1,900 students have taken advantage of the Harvard Financial Aid Initiative. Here’s how the program changed the lives of some of its first alumni.
Harvard the University’s latest annual report reflects the effects of difficult strategic choices made during tumultuous economic times. The results are encouraging, but Chief Financial Officer Dan Shore says that Harvard will need to continue managing its expenses cautiously as it works through the lingering ramifications of the Great Recession.
Harvard President Drew Faust took questions from television journalist Charlie Gibson, a fellow at the Harvard Kennedy School this year, in a Sanders Theatre forum intended to kick off the school year.
Harvard’s endowment earned an investment return of 11 percent for the year and was valued at $27.6 billion on June 30.
For the first time in Harvard’s history, more than 30,000 students applied to the College; 2,110 were accepted into the Class of 2014. More than 60 percent of the admitted students, benefiting from a record $158 million in financial aid, will receive need-based scholarships.
More than three-quarters of the 2,110 students admitted to Harvard’s Class of 2014 say they will attend the College.
Harvard admits 2,110 out of more than 30,000 applicants to the Class of 2014, a 6.9 percent acceptance rate. More than 60 percent of the new students will receive need-based scholarships averaging $40,000.
Harvard College will increase financial aid for undergraduates by 9 percent, to a record $158 million, for the upcoming 2010-11 academic year.
For the first time in Harvard’s history, more than 30,000 students have applied for undergraduate admission. Applications have doubled since 1994, and about half of the increase has come since the University implemented a series of financial aid initiatives over the past five years to ensure that a Harvard College education remains accessible and affordable to talented students from all economic backgrounds.
Longtime supporters of Harvard College financial aid, Gerald R. (Jerry) Jordan Jr. and his family established the Gerald Jordan Family Scholarship in 1995-96 to ensure that undergraduate students in need of financial support are able to attend the College.
Before closing the book on William R. Fitzsimmons’s turn answering reader questions about Harvard, we wanted to reflect a bit more on the content of those questions — which ultimately topped 900.
Over the last two days, The Choice has fielded nearly 900 questions for William R. Fitzsimmons, the longtime dean of admissions and financial aid at Harvard.
Barron, Bilotti, Bras, Chiappini, Doohovskoy, Kristol, Pellegrini, West. That’s roll call for eight 2009 Harvard graduates who were commissioned late Wednesday morning (June 3). Five are new officers in the U.S. Army and three in the U.S. Marine Corps.