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The Boston Globe

Metro

Harvard looks to raise $6.5b by 2018

Money would go toward Allston campus, renovating housing

Harvard University announced Saturday that it has launched a campaign to raise $6.5 billion by 2018 — a record goal for higher education — and plans to use the money to expand the campus in Allston, enhance engineering programs, and renovate aging undergraduate houses.

The amount is more than double what Harvard collected in its last capital campaign, which was completed in 1999. It would top the record for a single college campaign held by Stanford University, which amassed $6.23 billion in a five-year effort that ended in 2011.

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