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University Finances

New Econ Building Construction (10/08/2025)
College Life

Construction Underway for Economics Department’s Pritzker Hall

Professors in the department said they hope the new space, which is expected to open in December 2027, will provide a much needed upgrade and allow more collaboration between students and professors.

HGSU Protestors Demand Higher Wages
Central Administration

Grad Union Stands to Make More Than $1 Million in Annual Dues if Agency Shop Proposal Passes

When Harvard removed more than 900 students from the graduate student union’s bargaining unit in July, the union lost not just 450 official members, but $20,000 in monthly union fees.

University Hall and Harvard Yard
Central Administration

HHS Takes Steps Toward Revoking Harvard’s Access to Federal Grants and Contracts

The Trump administration launched proceedings on Monday that could bar Harvard from doing business with the federal government, opening a new front in its escalating fight with the University just weeks after a federal judge ordered $2.7 billion in frozen research funding restored.

Loeb House View from Above
University Finances

Penny Pritzker Says She Has ‘Absolutely No Idea’ How Trump Talks Will Conclude

Harvard Corporation senior fellow Penny S. Pritzker ’81 said on Sunday that the Trump administration had pushed for a $500 million settlement to resolve its six-month standoff with the University — but cast doubt on whether Harvard was considering the sum.

HMC Building
University Finances

6 Months Behind Schedule, Harvard Endowment’s Annual Climate Report Is Nowhere to be Seen

Harvard Management Company has not published its annual climate report six months after its expected release, and officials won’t say whether Harvard will continue providing annual updates on its progress in achieving net-zero endowment emissions by 2050.

Department of Education
Politics

Education Department Puts Harvard Under Financial Monitoring, Saying Federal Investigations Create Risk

The Education Department put Harvard under heightened financial oversight on Friday, saying its finances are unstable as a result of the Trump administration’s own penalties.

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.

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.

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.

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.

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.

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.

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