Harvard’s Faculty of Arts and Sciences has launched a $100 million fundraising drive to endow new PHD fellowships after cutting doctoral admissions across divisions. The initiative has raised $50 million in matching gifts from alumni donors and aims to create 50 fellowships. As reported by the Harvard Crimson, faculty raised concerns over timing and use of funds amid a $365 million structural deficit. Administrators said support could reach students as early as next academic year.source https://timesofindia.indiatimes.com/education/news/harvard-fas-launches-100-million-drive-to-stabilise-phd-funding-following-admissions-reductions-across-divisions/articleshow/127943182.cms