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Harvard Finances

Arts and Sciences’ Fisc

Harvard’s largest faculty narrows its deficit, but faces continuing financial challenges.

Deficit Days

The University, still adjusting to the financial crisis, incurs a $130-million deficit and pursues both savings and new revenues.

FAS’s Fitter Fisc

Faculty of Arts and Sciences dean Michael D. Smith reports a smaller deficit—and restores cookies to faculty meetings.

Back to the Bond Market

The University’s offerings will refinance debt and finance various capital projects.

No Surprises

The University’s annual financial report portrays an institution adapting to an era of reduced revenues and expenses.