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Crimson staff writer

Avani B. Rai

Latest Content

John Harvard Statue
Central Administration

Harvard Paid Claudine Gay $1.3 Million in 2023, Financial Disclosures Show

Former Harvard President Claudine Gay earned more than $1.3 million in 2023 — which spanned the end of her term as Faculty of Arts and Sciences dean and all six months of her short-lived presidency — according to the University’s annual tax disclosures.

Rainy Day on Tercentenary Theatre
Central Administration

On Harvard’s 2024 Pulse Survey, Jewish and Muslim Students Report Higher Rates of Feeling Like They Don’t Belong

As Harvard’s campus convulsed in protests over the war in Gaza, Jewish and Muslim students reported lower levels of belonging on Harvard’s latest Pulse Survey compared to their peers — even as overall student sentiment has seen modest improvement since the survey’s first iteration in 2019.

Harvard Management Company Offices
University Finances

HMC Plans $1 Billion Sale of Private Equity Stakes

Harvard Management Company is planning to sell nearly $1 billion of private equity fund stakes, liquidating nearly 5 percent of its private equity portfolio amid mounting threats to the University’s finances by its critics in Washington.

Congress Photo
Central Administration

Harvard Spends Record Amount on Lobbying in First Quarter of 2025 As It Fends Off Federal Threats

Harvard spent $230,000 on federal lobbying in the first quarter of 2025 — its highest quarterly total since George W. Bush’s presidency — as the University tries to fortify itself against attacks from Congress and the White House.

Harvard Medical School Quadrangle
Politics

NIH Pauses Awards to Harvard, Other Schools With Frozen Funding

The National Institutes of Health has been instructed not to make grant payments to Harvard and other universities whose funds have been frozen, according to an internal email reported by several news outlets.

Harvard Management Company
Politics

Can Harvard Use Its Endowment To Make Up For Federal Cuts? It’s Possible, but Not That Simple.

Harvard’s endowment is not a $53.2 billion pile of cash. But as the University sits on the precipice of historic financial losses, it has increasingly faced calls to draw from endowment funds to make up the difference.

Harvard Gate Spring 2025
Politics

Harvard Says Legal Challenges With Trump Admin Could Have ‘Adverse Effect’ in Bond Sale Disclosure

Harvard University warned investors that mounting legal challenges with the White House over its $2.2 billion federal funding freeze could materially harm the institution’s financial standing, reputation, and operations, according to a disclosure filed on Tuesday in connection with a successful bond sale.

Harvard Medical School
Breaking News

Stop-Work Orders Roll In for Harvard Researchers After $2.2 Billion Pause in Federal Funds

Harvard-affiliated researchers have begun receiving stop-work orders on contracts worth tens of millions of dollars less than one day after the Trump administration announced a $2.2 billion pause of federally-funded research Monday evening.

Harvard Medical School
Politics

At Grim Town Hall, Harvard Medical School Leaders Tell Staff to Expect Layoffs and Far-Reaching Cuts

Harvard Medical School leadership told employees at a town hall Wednesday morning that the school was preparing to make staffing reductions and cut programs as a result of the Trump administration’s actions against Harvard — including a $2.2 billion freeze.

American Flag and Tourists
Central Administration

Trump Threatens To Revoke Harvard’s Tax-Exempt Status One Day After Garber Rejects Demands

United States President Donald Trump threatened to revoke Harvard’s tax-exempt status less than one day after Harvard President Alan M. Garber ’76 rebuffed the White House’s demands, marking yet another escalation in the Trump administration’s campaign against the University.

Harvard Medical School
Harvard Medical School

Harvard’s Researchers Take Center Stage in Funding Showdown With Trump

David R. Walt, a professor at Harvard Medical School and Boston’s Brigham and Women’s Hospital, lost hundreds of thousands in research funding from the Trump administration last week — just two months after receiving the nation’s highest honor for technological achievement.

Beth Israel Deaconess Medical Center
Research

More Than $110 Million in NIH Grants to Harvard, Affiliated Hospitals Terminated Since Late February

The National Institutes of Health has terminated research grants worth more than $110 million to Harvard University and its affiliated hospitals since late February, according to public Department of Health and Human Services filings reviewed by The Crimson.

Mass Hall Clock
Central Administration

Harvard To Borrow $750 Million Amid Federal Funding Uncertainty

Harvard University will issue $750 million in taxable bonds this month, bringing the total offering this fiscal year to $1.2 billion, as the University faces a turbulent economy and waits to learn whether the Trump administration will shut off its federal funding tap.

HYP women's swimming meet.
Women's Swimming

Bastone Makes Waves at NCAA Championships to Conclude Women’s Swim’s Season

Sophomore Alexandra Bastone placed 18th in the 500-yard freestyle, clocking in at 4:38.98, at the NCAA Division I Women’s Swimming & Diving Championships, marking the team’s highest individual placement at the meet since 2022.

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.

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