College Finance

Harvard UC Finance Audit Finds No Irregularities, Vindicates Accused Council Members

An audit of the Undergraduate Council’s finances has “yet to find evidence of any financial irregularities,” according to the report released Thursday in an email from Undergraduate Council President Michael Y. Cheng ’22 and Vice President Emmett E. de Kanter ’24.

Endowment Scraps Apple, Slashes Facebook Holdings in Fourth Quarter

HMC’s acquisitions and liquidations were reported in its latest filings with the Securities and Exchange Commission, which requires investment managers who oversee more than $100 million in assets to disclose their public securities portfolio each quarter.

Dean of Students Office Praises Compliance With Covid Rules, Discusses Spring Programming

Reflecting on the first two weeks of the semester, Dean of Students Katherine G. O’Dair lauded students in a Monday interview for their adherence to Covid-19 policies since returning to campus amid a nationwide surge in Omicron cases.

Classroom to Table Returns With Coffee Break Edition

Classroom to Table, the popular College program that brings faculty and students together to share food and company, is back for the first time since the pandemic’s onset — albeit through a modified format.

Harvard Affiliates Troubled by Biden’s Stance on Student Loan Debt

Harvard students reacted with disappointment and frustration after President Joe Biden said on Feb. 16 he would not forgive more than $10,000 in federal student loan debt per borrower, singling out Harvard as an institution whose students did not require debt relief.

Will Joe Biden Deliver on His Promises to Alleviate Student Loan Debt?

President-elect Joe Biden pledged multiple times on the campaign trail to alleviate debt. Many of Biden’s supporters, however, remain skeptical as to whether the incoming administration will deliver on its promise to alleviate the financial anxiety facing millions of Americans.

After a Rocky Year, Harvard Faces an Uncertain Economic Climate in 2021, Hollister Says

After a turbulent year for the University and its finances, Harvard is set to grapple with an uncertain economic outlook in 2021, University Vice President for Finances Thomas J. Hollister said in an interview with The Crimson Thursday.

As Coronavirus Tanks Economy, Job-Seeking Seniors Face Twin Crises

For seniors set to graduate, the coronavirus has rapidly changed where and how they expected to live, work, and build a career. In a matter of months, the global health crisis has flummoxed both members of the class of 2020 and the Harvard officials tasked with guiding them.

Dean for Administration Says Harvard College Looking to Limit Spending

Harvard College is exploring ways to limit spending in preparation for a future fiscal downturn more than ten years after the 2008 financial crisis hit the University, College Dean for Administration Sheila C. Thimba said in an April 30 interview.

Following Activities Fee Increase, More Students Opt Out

Following the College’s decision last year to raise the student activities fee — an optional sum Harvard undergraduates pay as part of their enrollment costs — more students opted out of paying the fee this year.

Nearly Half of Harvard’s Annual Revenue Derived from Donors

Forty-five percent of Harvard’s annual revenue comes from donors — either as endowment returns or direct gifts — University Chief Financial Officer and Vice President for Finance Thomas J. Hollister said in an interview Wednesday.

Classroom to Table Program Again Cancelled Mid-Semester

Classroom to Table — a program that brings together undergraduates and their professors for College-subsidized fine dining in Harvard Square — has been cancelled mid-semester due to lack of funding for the third consecutive term.

For Third Consecutive Year, Classroom to Table Program Runs Out of Money

Classroom to Table — a popular College initiative that subsidizes fine dining for students and their professors in the Square — has run out of funding yet again.

UC Questions When to Pay for Student Events Under New Funding Structure

A recent update to the way the College funds student groups has left the Undergraduate Council with more money than ever before. But it has also sparked disagreements within the body over when it should fund student events.

Classroom to Table Program Returns With 'Limited' Funding

The popular “Classroom to Table” program — a College initiative that funds meals between undergraduates and faculty members around Harvard Square — re-opened its registration portal for the fall 2018 semester this past Monday.

Undergraduate Council's Annual Budget Increases By More Than One-Third

The $650,000 budget — which will likely be given the final nod by administrators in the coming days — will provide the Council with a roughly 34 percent increase in revenue from last year.

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