Harvard, Trump close to $500 million payment to settle federal funding freeze, source says

The frame is still sorted with important gaps to close, but both sides agreed on the financial number and the settlement can be completed in the coming weeks, according to the person who spoke to the Associated Press on the condition that his identity is not disclosed to discuss internal deliberations.

Harvard University refused to comment.

The agreement will end for months, which tested the borders of the government’s authority over the universities of America. What started as an investigation into the campus anti -campus escalated into a comprehensive conflict, as the Trump administration reduced more than $ 2.6 billion in research financing, ending federal contracts and tried to prevent Harvard from hosting international students.

The university responded with a pair of lawsuits that claim illegal revenge by the administration after Harvard University rejected a set of demands that the campus leaders are seen as a threat to academic freedom.

The details of the proposed framework were first reported by the New York Times.

The payment will be $ 500 million, the largest amount so far as the administration pays financial sanctions in its settlements with elite universities. The University of Colombia has approved the payment of $ 200 million from the government as part of the agreement to restore access to federal financing, while the University of Brown agreed separately to pay 50 million dollars to the workforce development organizations in Rod Island.

The person said that no details have been completed about the place where Harvard’s potential payment would go.

The Republican President was pressuring the reform of the prestigious universities he ignored as a stronghold of liberal ideology.

His administration has reduced funding for many Ivy League schools while pressing the demands in line with his political campaign. None of them was targeted frequently or largely like Harvard, the richest American university with the endowment of $ 53 billion.

More than ten Democrats in congress who attended Harvard University warned of a settlement on August 1, warning of the university that it may guarantee “strict supervision of Congress and investigation.” They said that surrendering to political demands will put a dangerous precedent in all higher education.

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