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Flush With Campaign Funds, University Looking to Spend

"The campaign for Harvard has enabled this University to continue

[its] essential process in a dynamic and wonderfully productive way,"

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President Neil L. Rudenstine told an assembly of alumni and donors Wednesday in New York.

Most essential for Harvard College, according to its dean, Harry

R. Lewis '68, is the University's $9 million financial aid increase last year that more than tripled similar initiatives at other Ivy League schools.

"This [is] very expensive and not flashy," Lewis said. "It is a provision of freedom to students, who can choose how to use the flexibility provided."

The aid increase is calculated to keep Harvard's yield rate--the percentage of students who take up the University's offer of admission--at its unparalleled height for years to come.

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