Trump Administration Freezes Future Federal Research Grants To Harvard

Harvard holds a $53 billion endowment—the largest of any U.S. university—though much of it is restricted for specific uses such as financial aid and scholarships. (Credit: AFP)

The U.S. Department of Education has informed Harvard University that it will freeze billions of dollars in future research grants and other forms of federal aid until the institution complies with a series of demands set forth by the Trump administration.

A senior department official revealed the decision on Monday, marking a dramatic escalation in the administration's efforts to pressure major institutions through financial leverage, Reuters reported.