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University Finances

Eliot House
House Life

Eliot Renovations To Proceed As Planned Amid Funding Uncertainty

Renovations to Eliot House are on schedule to begin after Commencement and conclude by fall 2027 — despite financial uncertainty causing the University to tighten its belt.

Cambridge City Hall
City Politics

Harvard Agrees to a 1-Year $6 Million PILOT Agreement With the City of Cambridge

Harvard University has agreed to voluntarily pay the City of Cambridge $6 million without committing to a long-term amount for the Payment in Lieu of Taxes program, citing federal funding uncertainties.

Title VI Graphic
Central Administration

Title VI: An Old Law Is a New Tool in the War for Harvard

In the Trump administration’s campaign to punish colleges and universities for their response to pro-Palestine protests, Title VI of the Civil Rights Act has emerged as the clear legal weapon of choice.

Title-IX-Office
Politics

Trump Cut Federal Funding to Penn for Transgender Athlete Policies. Could Harvard Be Next?

After the White House suspended $175 million of the University of Pennsylvania’s federal funding last week over the participation of a transgender athlete on the school’s swim team, the funding cut’s legal basis remains murky — and Harvard could be next on the list.

Harvard School of Public Health
Research

As Trump Slashes Federal Grants, the Harvard School of Public Health Has the Most To Lose

As President Donald Trump escalates his attacks on universities’ access to federal research funding, the Harvard School of Public Health has felt the pain especially acutely.

Harvard Law School
Central Administration

Harvard Law School Students Pass Referendum Urging University To Divest From Israel

The Harvard Law School student body voted on Thursday to call on the University to divest from Israel — delivering a decisive endorsement of language that Law School administrators harshly criticized before it went up for a vote.

University Hall
FAS

Faculty of Arts and Sciences Will Keep Budget Flat, Stop Staff Hiring for Fiscal Year 2026

The Faculty of Arts and Sciences will aim to keep spending flat for fiscal year 2026 amid threats from the Trump administration and long-term financial concerns, according to budget guidance shared by FAS financial officers in early February.

Department of Education
Fundraising

Trump Wants To Dismantle the Education Department. What Would That Mean for Harvard?

Since his first term in the White House, President Donald Trump has set his sights on shuttering the Department of Education. Now, as the administration has cut hundreds of millions of dollars in its funding and fired more than half of its workforce, he is getting closer to his goal.

Boylston Hall
University Finances

Faculty Searches in Limbo As Freeze Interrupts Hiring Processes Across Harvard

Harvard’s imposition of a hiring freeze on Monday morning interrupted faculty hiring processes across the University, leaving professors scrambling to figure out how to fill vacancies — and how to keep their departments’ work running if they can’t.

Massachusetts Hall in Harvard Yard
Central Administration

Harvard Freezes Hiring Amid Anxiety Over Trump

Harvard President Alan M. Garber ’76 announced a University-wide staff and faculty hiring freeze in a message to Harvard affiliates Monday morning, citing uncertainty under the Trump administration.

The White House
Politics

Trump Slashes $400 Million in Federal Funding for Columbia, Sending Shock Waves Across Higher Ed

The Trump administration announced Friday it would slash $400 million in federal grants and contracts to Columbia University in the most drastic escalation yet of the White House’s campaign against pro-Palestine protests at elite colleges.

Harvard Management Company (HMC)
University Finances

General Atlantic Co-President Martín Escobari ’94 Appointed to Harvard Management Company Board

The Harvard Corporation appointed Martín Escobari ’94, co-president and head of global growth equity at the firm General Atlantic, to Harvard Management Company’s board of directors, the University announced on Wednesday.

University Hall
FAS

Hoekstra Tells FAS To ‘Prepare for Significant Financial Challenges’ Amid Uncertainty From Washington

Faculty of Arts and Sciences Dean Hopi E. Hoekstra told faculty on Tuesday that she has instructed FAS officials “to prepare for significant financial challenges” and “build financial capacity” as President Donald Trump ramps up threats to Harvard’s funding.

Harvard Management Company Building
Fundraising

Harvard Re-Enters Debt Market With $450 Million Bond Sale

Harvard University will re-enter the debt market this week, issuing $450 million in tax-exempt bonds to “finance and refinance certain capital projects,” according to a preliminary official statement released on Thursday.

Foreign Funding Graphic
University Finances

Harvard Received $151 Million From Foreign Governments Since January 2020

Harvard received more than $100 million in donations from government sources in the United Arab Emirates, Egypt, Saudi Arabia, Qatar, and Bangladesh in the last four years, according to data released by the Department of Education.

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