Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News
    • Can You Make Your Child A Nominee For Your Mutual Fund Investments? Here’s What You Need To Know
    • Belgium’s New Investors Are Picking ETFs Over Shares, and Starting Younger
    • ‘SIP book growth may moderate in the next 1-2 years,’ Q&A with Vetri Subramaniam, MD & CEO, UTI Mutual Fund – Business News
    • FASB updates fair value reporting for mutual funds
    • 5 mutual funds bag five star rating: How Invesco, HSBC, Axis and ITI funds performed
    • ETFs Industry in Europe Reports Record Assets of US$ 3.97 Trillion and Record Year-to-Date Net Inflows of US$ 381.4 Billion at End of August 2026 according to new research report from ETFGI
    • Which ASX ETFs could be top picks for beginner investors?
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Trump Admin Hits Harvard With New Restrictions On Funds • Channels Television
    Funds

    Trump Admin Hits Harvard With New Restrictions On Funds • Channels Television

    September 20, 2025


     

    The Trump administration imposed fresh restrictions Friday on Harvard’s access to federal funds, opening a new front in its unprecedented crackdown on the prestigious US university.

    The Department of Education announced in a statement that it has placed Harvard under “heightened cash monitoring (HCM) status,” saying there were “growing concerns regarding the university’s financial position.”

    It cited the administration’s own accusations of civil rights violations at the university as creating uncertainty over future funding, as well as Harvard’s move to issue bonds and lay off employees.

    The status shift requires the university to use its own funds to pay out student financial aid packages that federal officials have promised, with the school later able to seek reimbursement from the government.

    READ ALSO: Trump Raises H-1B Visa Application Fee To $100,000

    A Harvard sign is seen at the Harvard University campus in Boston, Massachusetts, on May 27, 2025. (Photo by Rick Friedman / AFP)

     

    “Students will continue to have access to federal funding, but Harvard will be required to cover the initial disbursements as a guardrail to ensure Harvard is spending taxpayer funds responsibly,” the department wrote.

    Additionally, federal officials are requiring Harvard to “post an irrevocable letter of credit for $36 million” to “cover potential liabilities and ensure that Harvard meets its financial obligations to both students and the Department.”

    This latest jab in the Trump administration’s ongoing fight with academia comes after a judicial victory for the Cambridge, Massachusetts-based school in the northeastern United States.

    Trump officials accuse the university, and other schools around the country, of promoting so-called “woke” ideology, while failing to sufficiently protect its Jewish students during pro-Palestinian protests.

    Harvard has denied those claims, saying the federal government is instead focused on controlling the school’s hiring, admissions and curriculum.

    Earlier in September, a Boston judge ordered the administration to lift its freeze on approximately $2.6 billion in federal funds for Harvard, writing that Trump’s Department of Education “used antisemitism as a smokescreen for a targeted, ideologically motivated assault on this country’s premier universities.”

    Officials at Harvard did not comment on the latest federal funding restrictions, instead announcing Friday that it had begun recovering some of those frozen funds.

    “We are pleased to see the disbursement of $46 million in research funding from the U.S. Department of Health and Human Services. This is an initial step, and we hope to continue to see funding restored across all of the federal agencies.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Funds Europe Awards 2026: In-person judging commences

    September 9, 2026

    Pharma funds rally: How to pick right one based on portfolio, risk, costs | Personal Finance

    September 8, 2026

    The must-have funds fizzing with potential… if you’re willing to take the risk: JEFF PRESTRIDGE

    September 6, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Belgium’s New Investors Are Picking ETFs Over Shares, and Starting Younger

    September 10, 2026

    Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News

    September 10, 2026

    ETFs Industry in Europe Reports Record Assets of US$ 3.97 Trillion and Record Year-to-Date Net Inflows of US$ 381.4 Billion at End of August 2026 according to new research report from ETFGI

    September 9, 2026

    Which ASX ETFs could be top picks for beginner investors?

    September 9, 2026
    Don't Miss
    Mutual Funds

    Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News

    September 10, 2026

    Net inflows into equity mutual funds saw a nearly 19% jump to Rs 29,329 crore…

    Can You Make Your Child A Nominee For Your Mutual Fund Investments? Here’s What You Need To Know

    September 10, 2026

    Belgium’s New Investors Are Picking ETFs Over Shares, and Starting Younger

    September 10, 2026

    ‘SIP book growth may moderate in the next 1-2 years,’ Q&A with Vetri Subramaniam, MD & CEO, UTI Mutual Fund – Business News

    September 10, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Why I Am Raising Funds For National Library – Remi Tinubu

    September 23, 2025

    Vietnam’s Richest Person Starts $150 Million Fund To Invest In Tech Startups

    October 28, 2024

    Learn to Optimize Mutual Funds for Better Returns

    January 2, 2026
    Our Picks

    Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News

    September 10, 2026

    Can You Make Your Child A Nominee For Your Mutual Fund Investments? Here’s What You Need To Know

    September 10, 2026

    Belgium’s New Investors Are Picking ETFs Over Shares, and Starting Younger

    September 10, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.