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And thus far, SEAS’ remarkable capacity for growth shows no signs of abating—a potentially worrying trend that might force the school’s administration to discover new ways to manage the growth while it operates within budget constraints and marshals finite research and lab...
“Whether it is in physical resources or in human resources or in other financial resources, our approach has been to optimize the use of current resources...[to continue our] high aspirations despite the financial challenges,” SEAS Associate Dean for Finance and CFO Harry E...
With an eye to the future, SEAS must now support its expansion by making tough decisions as it seeks to improve its allocation of space and maintain funding for graduate research as resources become tighter.
All of this means more students than ever before may be declaring a concentration in engineering sciences, computer science, or applied mathematics in the coming years. But it remains an open question as to how the school will handle a potentially enormous influx of new students.
Next year, SEAS will be facing the same 12 percent reduction in its endowment payout as other Harvard schools, an income loss that the school will offset by drawing from the financial reserves it built up in the years before the financial crisis.