Harvard President Alan M. Garber ’76 will take a voluntary 25 percent pay cut for fiscal year 2026 as the University stares down the Trump administration’s nearly $3 billion funding cut, according to Harvard spokesperson Jonathan L. Swain.
Garber has notified other members of Harvard’s top brass of his decision, and several are making voluntary cuts of their own, according to Swain. It is unclear how large of cuts other administrators have committed to making.
While Garber’s salary for fiscal year 2025 has not yet been made public, Harvard presidents have historically earned upward of $1 million annually — meaning that a 25 percent pay cut could amount to a six-figure reduction. Fiscal year 2026 begins in July.
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