Advertisement

While You Were Away...

A Summary of News That Dared to Happen When You Were Gone

In mid-July, however, the General Accounting Office found some $54,000 in further questionable expenditures, including money spent on shuttle bus service, athletic facilities and recruiting a professor.

And the Washington Post reported over the summer that thousands of dollars in withdrawn overhead reimbursements had been tagged for Bok's off-campus home and his official car.

FUNDRAISING FOLLIES

As the Medical School wound down its recent major fundraising campaign this summer, the Law School kicked off its biggest campaign ever. Over the course of the next five years, Law School official hope to raise $150 million. In what one Law School official called an "important milestone for legal education," the campaign has received several hefty donations from well-known law firms.

SHE'S IN THE MONEY

Advertisement

Radcliffe College has named a new principal financial officer. Nancy Dunn, a former Kennedy School of Government administrator, will oversee financial planning for the college, which has a $104 million endowment.

QUIT NOW: A ONE-TIME OFFER

In the interests of budget-trimming, the University has proposed a voluntary early-retirement program for about 870 of its non-faculty and hourly employees. Under the plan, workers 55 or older with 10 or more years of service can retire this year and receive pension benefits as if they were five years older and had five more years service.

Vice President for Finance Robert Scott says that Harvard is unlikely to continue offering this program in the future. "This is a one-time offer," he says.

CRYING DEWOLFE

Harvard's new DeWolfe St. housing complex opened in August after over a year of construction. The completion of the project means that students and junior faculty can begin moving into their rooms for next year, and also means the end of the construction noise that residents of nearby Leverett House have been complaining about for the last year.

CASH FOR CHROMOSOMES

Harvard received a $6 million grant from the National Institutes of Health for work that will form part of the National Human Genome Project, a 15-year, $3 billion effort to decipher the sequence of the billions of "letters" in the human genetic code. Researchers have already gone to work in the spanking-new Harvard Genome Laboratory, located in the basement of the Biological Laboratories.

Recommended Articles

Advertisement