Saturday, April 21, 2018

Harvard Division of Continuing Education Relies on Tuition Rather than Endowment Funding - ANNA KURITZKES and CINDY H. ZHANG, Harvard Crimson

Unlike many other schools and programs at Harvard, the Division of Continuing Education has been almost entirely financially self-sufficient in recent years, raising money through tuition and other programming rather than relying heavily on money from the University endowment. The Division of Continuing Education offers online, in-person, and summer courses for part-time and adult students. DCE courses are offered through the Harvard Extension School and Harvard Summer School. Huntington D. Lambert, dean of the Division of Continuing Education, said the division’s programs are largely self-sustaining based on money earned through tuition. “We don't ask for any funding, so we don't get support from the endowment or the University. In fact, we send money back to the faculties,” Lambert said. Harvard has faced budget constraints in recent years in the wake of poor endowment returns and is projected to lose tens of millions annually because of a new endowment tax that Congress passed in December http://www.thecrimson.com/article/2018/4/3/dce-budget-surplus/