How much is Harvard's endowment currently worth?

Harvard's endowment is one of the largest of any university in the world. As of the end of the 2023 fiscal year, Harvard’s endowment was valued at about $50.7 billion, according to recent public reports from the university. This figure can change each year depending on investment returns, donations, and spending.

Regarding how it impacts undergraduates, the endowment definitely plays a huge role in Harvard’s ability to offer generous financial aid and extensive campus resources. For instance, Harvard has a need-blind admissions process for domestic and international students, and they commit to meeting 100% of demonstrated financial need for all admitted students. The strength of their endowment allows them to provide substantial aid; currently, families with an income under $85,000 generally pay nothing, and even families making up to $150,000 can receive significant support.

The endowment also supports things like research opportunities, state-of-the-art facilities, funding for student organizations, and career services. For an example: A portion of endowment earnings is allocated specifically to undergraduate research grants, which means students can apply for funding to pursue summer research, travel, or academic projects that might not be possible otherwise.

While the endowment is a significant asset, it’s important to know that much of it is restricted—meaning donations are often earmarked for specific purposes like scholarships, faculty positions, or particular academic programs. In practice, though, it creates a major safety net that enhances the student experience in visible (and sometimes less visible) ways across campus life.