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University Finances

George Daley
Research

Harvard Medical School to Cut 20 Percent of Research Spending, Dean Says in Annual Address

Harvard Medical School Dean George Q. Daley ’82 said the University’s central administration had instructed him to cut spending on the Medical School’s research enterprise by at least 20 percent by the end of the fiscal year in his annual State of the School address Wednesday morning.

Widener at Night
Central Administration

Harvard’s Austerity Measures Put Library Renovations on Hold

Harvard has paused plans to renovate four University libraries ahead of its 400th anniversary in 2036 as part of a temporary halt to capital projects amid an ongoing fight with the White House over federal funding.

Emerson Hall in Harvard Yard
FAS

Beyond the Lab: Trump’s Funding Cuts Hit Humanities Research at Harvard

A database with pigment analysis of more than 300 Asian paintings. The authoritative dictionary of the Latin language, curated since the 1890s and spanning 1,200 years of inscriptions. A library of translated Ukrainian literature, launched just before Russia’s invasion of Ukraine.

Memorial Church Side
Student Life

Memorial Church Reduces Programming Amid University Budget Cuts

Memorial Church will limit its student programs and public events as a result of University-wide budget cuts, according to Memorial Church Pusey Minister Matthew Ichihashi Potts.

CGIS South File Photo
Central Administration

Center for Latin American Studies To Close Chile, Mexico Offices

Harvard’s David Rockefeller Center for Latin American Studies will close its office in Santiago, Chile at the end of this year and allow its office lease in Mexico City to expire this month because of a strained budget.

University Hall
Breaking News

Federal Agencies Begin Notifying Harvard Researchers of Reinstated Funds

Federal agencies have begun to inform Harvard researchers that they are reinstating portions of research funding frozen since the Trump administration’s pause on $2.7 billion in grants and contracts in the spring, according to a Harvard spokesperson on Wednesday evening.

Flybase Graphic
FAS

Harvard Funding Cuts Endanger the Massive Fruit Fly Database That Powers Genetic Research

FlyBase lost a multimillion dollar grant when the Trump administration cut off Harvard’s federal funding in May. Now the repository is laying off staff — and researchers worldwide are worried.

Math Students in Science Center
College

Harvard Docks Course Assistant Pay, Cuts Back on Undergraduate Hiring

Harvard College cut course assistant pay in some departments by $2 and has begun reducing teaching assistant positions for undergraduates amid University-wide budget cuts.

HMS Gordon Hall With Flag
Central Administration

After Court Restores Research Funding, Trump Still Has Paths to Target Harvard

Harvard won a milestone legal victory on Wednesday when a judge struck down the Trump administration’s freeze on $2.7 billion in federal funds — but government agencies still have options to keep federal dollars out of the University’s hands.

HUPD Outside Harvard Hillel
Central Administration

Harvard Covers Hillel’s Security Expenses for Year

The University will cover the costs of Harvard Hillel’s security measures this year amid a national surge in antisemitism and under pressure from the White House, which repeatedly accuses Harvard of failing to protect Jewish students.

Harvard Yard, University Hall, John Harvard Statue in Summer
FAS

Harvard Arts and Humanities Division Implements $1.95 Million Cut Amid University’s Budget Crunch

Harvard’s Arts and Humanities division instructed department heads to collectively reduce their budgets for non-personnel spending by roughly $1.95 million as divisions across the Faculty of Arts and Sciences implement cost-cutting plans.

Harvard Management Company (HMC)
University Finances

Harvard’s Endowment Goes Big on Bitcoin and Gold in Second Quarter of 2025

Harvard Management Company made substantial new investments in exchange-traded funds tracking the value of gold and Bitcoin during the second quarter of 2025, marking a sharp shift in its directly held public equities portfolio after it backed out of many Big Tech positions last quarter.

Flag on University Hall
Central Administration

Harvard Spends Record-High $270,000 on Lobbying in Second Quarter of 2025

Harvard spent $270,000 lobbying the federal government between April and June as it ramped up efforts to counter mounting political and financial pressures from Washington, according to disclosures filed last month.

Harvard Medical School Gordon Hall
Research

HMS Announces Spike in Donations, $18 Million Pledge from Blavatnik as Trump Drains Research Funding

Harvard Medical School has pulled in a raft of donations and a major gift from billionaire Leonard V. Blavatnik, who froze contributions in 2023 amid outcry over campus antisemitism, as the school faces steep federal funding cuts, its dean announced Thursday.

The White House
Central Administration

Harvard Pays $90K to Trump-Linked Lobbying Firm in Second Quarter of 2025

Harvard paid lobbying firm Ballard Partners $90,000 in the second quarter of 2025 as the University broadened its federal advocacy to include direct engagement with the White House, according to a disclosure filed Tuesday.

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