You are bound to have heard a lot about Harvard School, either in TV shows or movies. In fact, about eight presidents of the United States and a myriad of scientists and other professionals graduated from Harvard.
With such a huge success, you are bound to wonder about the history of Harvard, such as when Harvard was founded. Who laid the foundation of this prestigious School, and so on.
Lucky for you, I performed all the research on your behalf and am about to bestow all that knowledge on to you people. Harvard is definitely a name worth knowing about. So, I suggest you read the following complete article and get all your facts straight regarding Harvard.
Beginning Of Harvard
Harvard was founded on 8 September 1636, which is almost four hundred years ago. When the first foundations of this School were laid, it was indeed the first School in American Colonies. Besides, it was just a small school back then, and nobody knew it would reach the heights of prestige and become one of the world’s best and most elite schools.
Who Founded Harvard
It is a common misconception among people that John Harvard laid the foundations of the Harvard school. However, that is not the case, and in the following section of this article, I will explain why exactly John Harvard was. But first, let me give you the name of the actual father and founder of Harvard.
Harvard was founded after a vote was passed in the Great and General Court of the Massachusetts Bay Colony. The court decided that the people of the American Colonies needed a university to study the basic concepts of science and mathematics.
Who Was John Harvard
Now, as promised earlier, let me explain who actually was John Harvard. As the public perceives, John Harvard was not the founder of Harvard College. I guess this misconception stems from the similar names of John Harvard and Harvard School.
However, John Harvard was the first benefactor of Harvard School. He was very generous in his donations to the School, and in a way, he started this custom of the endowment fund at Harvard, from which thousands of students benefit each year.
John donated half of his personal estate to Harvard School back then. In addition to that, he also donated a treasure of 400 books from his personal library. These books still grace the shelves of the Harvard School library in the present times.
Where Is Harvard University Located?
The primary and original campus of Harvard University is located in Cambridge, Massachusetts. However, that is where the first foundations of Harvard were laid and where this legacy was started.
Today, Harvard has many other campuses across the USA. Two of these campuses are located in the Longwood and Allston neighborhoods of Boston, Massachusetts.
Is Harvard School The Same As Harvard College?
No, Harvard School is not the same as Harvard College. In fact, Harvard School is the collective name of fourteen Harvard campuses across the United States.
Harvard College is just a single part of this massive chain of schools. Harvard College basically teaches undergraduate programs only.
Organization And Administration
Harvard has, hands down, one of the most enormous staff numbers and faculty members. In fact, it employs approximately sixteen thousand staff members. Amongst these staff members, twenty-four hundred members constitute top-notch professors, lecturers, and instructors.
This staff is allocated to fourteen Harvard schools, all providing the most exclusive services to Harvard. This is the reason why all of the Harvard campuses run as smoothly and seamlessly as well-oiled machines.
In addition to that, the behavior of the staff and faculty members towards the students is respectful. This is the reason why when the students graduate from Harvard, they spread positive word about the School.
Hybrid School has the biggest endowment fund in all of the United States. In fact, the approximate amount of funds in the endowment fund as of 2023 is around 60 billion US dollars. And the best part is that these funds are used for all the best purposes for the sake of Harvard students and faculty members.
This endowment fund pays out all financial aid and scholarships provided to financially unstable Harvard students. This is the reason why around 20% of Harvard students study free of cost at Harvard schools. Furthermore, the students whose household income per annum is less than 65000 USD get absolutely free education at Harvard, and all of their educational expenses are paid out of the endowment fund.
Other than that, the students whose household income falls between 65000 USD and 150000 USD only pay 10% of their annual educational costs at Harvard. All this has been made possible thanks to the benevolent and generous benefactors of Harvard. The details of its benefactors are not a matter of public record, but it includes former students who did well in their respective fields after they left Harvard and some of the most successful and wealthiest businessmen and professionals in the United States.
However, there have been times in the past when the endowment funds at Harvard did not do well, especially during the recession period from 2007 to 2009. The endowment fund was at its lowest during that time in the history of Harvard and had to cut back a lot of educational costs and scholarships for students at Harvard.
Similarly, in 2016, the endowment fund did not do well, and Harvard had to stock the construction of the Allston Science Complex for the time being. Luckily, the endowment fund was restored after a few months, and the construction continued.
Best Policy Of Harvard
Harvard’s best policy is to invite students from all across the globe to apply to various schools and get admission in their respective fields regardless of their financial situation and familial background. It aims to provide the best quality education to the greatest and the most deserving minds from across the world.
The vast endowment fund is used to pay the tuition fees and educational expenses of those bright students who cannot afford to pay their own costs at Harvard. Thus, even the poorest and financially unstable students have a chance of studying at Harvard if they have the brains for it.
Though Selection Criteria
It is not a hidden fact that Harvard has the most stringent admission policies. This strict admission criteria is specifically designed to filter out those students who like the competencies and commitment to be a part of this prestigious and elite School of Harvard. This is the reason why, amongst forty to fifty thousand applicants, only two thousand get admission at Harvard.
How old is Harvard School?
Hybrid School is around 400 years old as it was founded back in the 17th century in Massachusetts Bay Colony. This School has a rich history and has undergone a lot of challenges and phases throughout its life.
Is it tough to get into Harvard?
Yes, getting it into Harvard is a very tough job. This is because Harvard has very strict admission criteria and only allows a handful of children every year. In fact, about 40000 students apply to Harvard every year, and only 2,000 get accepted.
How big is the endowment fund of Harvard?
Harvard has a huge endowment fund amounting to 50 billion USD. These funds are collected from various benefactors across the United States. And the best part is that these funds are utilized for all the best purposes, such as payment of scholarships and educational costs of less fortunate students.
So, this was the complete history of Harvard in the most straightforward words that I could explain. Harvard is one of the very few schools in the United States that have such a long history dating back to the 17th century. Of course, the School has seen a lot of changes in all these centuries, and it all added up to the esteem and prestige that the Harvard schools enjoy in the present times.
So, to answer your original question in the most straightforward words, I would say that Harvard was founded back in the 17th century due to the vote of confidence by the Great and General Court of the Massachusetts Bay Colony. Harvard was originally a University, but then its status changed from University to college at some point in history. Now, all the Harvard campuses collectively are called Harvard schools.