Federal Funding
Harvard Reports First Deficit Since Pandemic in Fiscal Year 2025, Sees 12% Endowment Growth
Harvard reported an operating loss of $113 million — its first budget deficit since 2020 — as its financial footing shakes from disruptions to federal funding, even as the total value of its endowment grew by 11.9 percent to $56.9 billion, according to its fiscal year 2025 financial report.
A Majority of Frozen Federal Funding Has Been Restored, Harvard Says
Harvard has now received payments on the majority of funding that it lost since the Trump administration froze its access to federal grants this spring, the University notified faculty this month.
Hoekstra Says Harvard’s Faculty of Arts and Sciences Is ‘On Stronger Footing’ After Cost-Cutting
Harvard Faculty of Arts and Sciences Dean Hopi E. Hoekstra told faculty on Tuesday that the school was “on stronger footing” after taking steps to tighten its budget in the face of an unstable financial climate under the Trump administration.
Government Shutdown Could Put Harvard’s Funding Lawsuit on Pause
Wednesday’s government shutdown could stall Harvard’s federal funding lawsuit, halting the case before District Judge Allison D. Burroughs can enter a final judgment — and before President Donald Trump can file the appeal he has promised.
Harvard Says Trump Administration Botched Its Antisemitism Findings
Harvard sent a letter to the Department of Health and Human Services earlier this month, accusing the agency’s civil rights office of twisting facts and misapplying antidiscrimination law in its investigation into antisemitism at the University.
Former Vice President Mike Pence Cheers a Potential Deal Between Trump and Harvard at IOP Forum
Former U.S. Vice President Mike Pence voiced support for Harvard researchers caught up in the White House’s antisemitism investigations at a Tuesday talk, saying he hoped Harvard could reach “substantive and principled agreement” with the Trump administration.
Harvard Impact Labs Fund $25,000 Grants for Faculty Public Service
Eight University professors received $25,000 grants as part of their inaugural Harvard Impact Labs fellowships to launch social science projects in collaboration with public and private sector leaders.
HHS Takes Steps Toward Revoking Harvard’s Access to Federal Grants and Contracts
The Trump administration launched proceedings on Monday that could bar Harvard from doing business with the federal government, opening a new front in its escalating fight with the University just weeks after a federal judge ordered $2.7 billion in frozen research funding restored.
Garber’s Friendship with Trump’s NIH Director Stands the Test of Politics
Before National Institutes of Health Director Jay Bhattacharya became a top Trump administration official, he was a student of Harvard President Alan M. Garber ’76.
Penny Pritzker Says She Has ‘Absolutely No Idea’ How Trump Talks Will Conclude
Harvard Corporation senior fellow Penny S. Pritzker ’81 said on Sunday that the Trump administration had pushed for a $500 million settlement to resolve its six-month standoff with the University — but cast doubt on whether Harvard was considering the sum.
Kennedy School Funds $20,000 Grants to Investigate Early Impacts of Trump Administration
Six Harvard Kennedy School projects received grants of up to $20,000 to research the effects of the second Trump administration on public opinion and democratic institutions.
Harvard Receives $46 Million in Federal Grants, Ending 4-Month Freeze
Millions of dollars in federal research grants from the National Institutes of Health began to flow to Harvard on Friday, the first grant money to return to the University since a judge struck down the Trump administration’s sweeping funding freeze on Sept. 3.
Education Department Puts Harvard Under Financial Monitoring, Saying Federal Investigations Create Risk
The Education Department put Harvard under heightened financial oversight on Friday, saying its finances are unstable as a result of the Trump administration’s own penalties.
Harvard Medical School to Cut 20 Percent of Research Spending, Dean Says in Annual Address
Harvard Medical School Dean George Q. Daley ’82 said the University’s central administration had instructed him to cut spending on the Medical School’s research enterprise by at least 20 percent by the end of the fiscal year in his annual State of the School address Wednesday morning.
Two Weeks After Court Ruling, Harvard’s Researchers Are Still Waiting for Grants
Nearly two weeks after a federal judge ruled the Trump administration’s freeze on Harvard’s federal funding was unconstitutional, Harvard’s researchers are still waiting to get their money back.
Center for Latin American Studies To Close Chile, Mexico Offices
Harvard’s David Rockefeller Center for Latin American Studies will close its office in Santiago, Chile at the end of this year and allow its office lease in Mexico City to expire this month because of a strained budget.
Student Affinity Groups Turn to Alumni for Funding Amid DEI Office Closures
After the College restructured its diversity offices over the summer — leaving student affinity group leaders unsure about the availability of grants for club initiatives — some groups are seeking other avenues of funding, including alumni outreach.
Federal Agencies Begin Notifying Harvard Researchers of Reinstated Funds
Federal agencies have begun to inform Harvard researchers that they are reinstating portions of research funding frozen since the Trump administration’s pause on $2.7 billion in grants and contracts in the spring, according to a Harvard spokesperson on Wednesday evening.
NCAA Settlement Could Cost Harvard Athletics Half a Million Dollars Over Next Decade
Harvard Athletics will begin its fall 2025 season with a hit to its revenue as the National College Athletic Association pays off a nearly $2.8 billion settlement with former college athletes who were unable to participate in lucrative brand deals over the past 10 years.
Harvard Was Cleared To Get Some Federal Funds. Then DOGE Stepped In.
DOGE officials have used their control of a federal payment system to keep money away from Harvard — even after a judge’s ruling required the National Institutes of Health to let some grants start flowing in July.
Faculty Cautiously Applaud Harvard’s Win in Funding Lawsuit
Harvard faculty cheered a federal judge’s Wednesday order that restored billions of dollars in federal funding to the University, but several warned that the legal fight is far from over.
Judge Hands Victory to Harvard in Funding Lawsuit, Ruling Trump Administration’s Freeze Unconstitutional
A federal judge ruled that the Trump administration violated the Constitution when it froze more than $2.7 billion in research funding to Harvard, striking down the freeze in its entirety and delivering the University a major legal victory.
Trump Administration Vows to Appeal Ruling in Federal Funding Lawsuit
The Trump administration will appeal a federal court’s ruling issued earlier Wednesday that struck down its multibillion-dollar freeze on Harvard’s research funding, a White House spokesperson confirmed Wednesday evening.
Trump Wants to Control South Station. Local Leaders Aren’t on Board.
The Trump administration has set its eyes on Boston’s South Station, hinting at a federal takeover similar to Union Station in Washington, D.C. But federal officials face an uphill battle to control the state-run transportation hub.
Trump Demands ‘Nothing Less Than $500 Million’ From Harvard to Restore Federal Funding
President Donald J. Trump demanded that Harvard pay “nothing less than $500 million” in order to restore its federal funding, calling the University “very bad” during a Cabinet meeting Tuesday.