Harvard University is asking its business school to raise surplus contributions to help cover a university budget gap, according to documents The Harvard Crimson obtained from internal presentations. The target reportedly rose from roughly $60 million to $82 million for fiscal year 2026, with a subsequent projection of $97 million for fiscal year 2027. Harvard Business School’s spokesperson Brian Kenny told the publication that every school is being asked to improve the university’s financial picture amid funding cuts and endowment pressures. The reporting describes belt-tightening at HBS, including planned expense cuts and staffing and IT deferrals, alongside the operational reality that faculty support workloads increased after vacancies. For large research universities with decentralized revenue streams, the development underscores how internal cross-subsidization is being recalibrated as federal funding and endowment economics remain pressured.