Word: fee
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What started as a month-long campaign by the Environmental Action Committee (EAC) and Harvard Students for Wind Energy to pass a College-wide referendum on instituting a term-bill fee to support a wind energy initiative has become a University effort to which the administration will contribute handsomely...
...student body passed the proposal as a $10 opt-out term-bill fee, but the administration was reluctant, saying that it didn’t want the term-bill to become a “laundry list” of charitable donations, especially after the passage of the opt-out student activities fee increase last spring...
...students had previously voted in favor of a mandatory term-bill fee that would pay for all of the KSG’s energy to be derived from renewable sources...
...promised by Summers is nearly double what would have been collected under the opt-out term-bill fee that undergraduates had approved in the referendum...
According to Meyer, hedge funds, a common form of external management, charge an average of 1.5 percent in annual management fees plus 20 percent of profits. HMC, on the other hand, gets the job done while charging a base fee of 0.26 percent plus incentives—which can be positive or negative. Thus, Meyer estimates that Harvard would have paid roughly twice as much over the past 10 years to achieve the same returns on the endowment using external management...