The funding cut is a substantial slice of the university’s budget. By comparison, the amount distributed by Harvard’s endowment for the fiscal year ending in June 2024 was $2.4 billion, which encompassed nearly 40% of the university’s total operating revenue that year.

Harvard University has joined the growing list of institutions targeted by the Trump administration for federal funding cuts.

The Trump administration has paused over $1 billion in federal funding for Cornell University and $790 million for Northwestern University due to