University Finances

Reporting on Harvard’s budget, endowment, and financial strategy.

Harvard Layoffs Continue, with More to Come

In the wake of federal government actions, several Harvard schools and institutes are cutting costs.

by Jonathan Shaw

FAS Slightly Loosens Purse Strings

A bit of breathing room for compensation, graduate students, and the library system.

Allston Development on Ice

The University will halt construction on its Allston science complex, and—significantly—revisit plans for campus development more broadly.

Faculty Retirement Incentives Unveiled

The Faculty of Arts and Sciences and four professional schools offer incentives for senior professors to plan their retirements.

Harvard's Library System to be Restructured

The intellectually extraordinary but decentralized system needs administrative, financial, and technological reorganization, according to the Task Force on University Libraries.

$11 Billion Less

A status report on the state of the endowment

FAS's Progress--and Prognosis

An early-semester financial talk by the dean

The "New Normal"

President Faust opens the academic year with a State of the University address.

"Two Radically Different Worlds"

Faculty of Arts and Sciences Dean Michael D. Smith outlines academic progress and details financial problems in his 2009 annual report.

Harvard's Annual Financial Report Fully Details 2009 Losses

The endowment, the University's cash accounts, large swap losses, and more.

FAS Appoints New Financial and Administrative Dean

Leslie Kirwan fills a critical position as the faculty works to close a $110-million budget gap.