Harvard joins colleges moving to self-fund some research to offset federal funding cuts
Share this @internewscast.com

WASHINGTON (AP) — Harvard University is allocating $250 million from its own resources to sustain research activities following a halt in federal funding by the Trump administration. However, the university’s president indicates that they will need to make “tough choices and sacrifices” moving forward.

This move makes Harvard part of a growing list of universities opting to finance their research internally to partially offset the financial losses from federal funding reductions.

Johns Hopkins University has begun offering grants up to $150,000 annually for faculty dealing with “unexpected interruptions in federal research funding.” Similarly, Northwestern University announced it would cover the costs for research projects that received stop-work notices from the government in April.

In a campus message Wednesday, Harvard President Alan Garber laid out a plan to maintain some research operations affected by the university’s loss of more than $2.6 billion in grants. Harvard has been fighting the government in court over the cuts.

Harvard’s plan will redirect $250 million as an initial stopgap for the coming year while officials explore other options, Garber wrote. He called it a transition period for critical research programs, noting the Ivy League school “cannot absorb the entire cost of the suspended or canceled federal funds.”

In light of the school’s financial challenges, Garber will take a voluntary 25% pay cut during the upcoming fiscal year, a Harvard spokesperson said. Garber’s current salary has not been made public, but Harvard presidents in the past have earned more than $1 million annually, the Harvard Crimson student newspaper reported.

The oldest and wealthiest university in the nation, Harvard has been hit hardest by the Trump administration’s use of federal funding cuts for political leverage. Harvard is the first school to openly defy the White House’s demands to overhaul campus policies around protests, admissions, hiring and more.

The Trump administration frames it as an effort to root out antisemitism on campus. In a series of escalating sanctions, the government has said Harvard is no longer eligible to receive new research grants until it negotiates an end to the impasse. Trump has said he wants to strip the university of its tax-exempt status.

Garber’s message did not indicate where it will pull the $250 million from.

Harvard has a $53 billion endowment and draws about 5% of its annual investment earnings to help cover campus operations. The school could increase that drawdown, but much of the endowment is made up of restricted funding that can only be used for purposes designated by donors. Last month, the school separately made plans to borrow $750 million.

To make up for the loss in federal funding, Education Secretary Linda McMahon this month suggested Harvard rely on “its colossal endowment” and raise money from wealthy alumni.

In his message, Garber said the sanctions have stopped lifesaving research and in some cases lost years of work. He said the university is committed to supporting its researchers.

“While there will undoubtedly be difficult decisions and sacrifices ahead, we know that, together, we will chart a path forward to sustain and advance Harvard’s vital research mission,” Garber wrote in his message.

The Trump administration’s pressure campaign is forcing budget cuts on some campuses. Columbia University said it will be laying off nearly 180 employees as a result of the federal government’s $400 million in cuts at the school.

Earlier Wednesday, dozens of higher education organizations issued a joint statement against the Trump administration’s attacks on prestigious universities, calling on the government to “reforge” its ties with academia.

The statement from more than 50 groups said the nation suffers when research grants are “held hostage for political reasons and without due process.” It said all Americans benefit from the technology and medical advances produced through the government’s partnership with colleges.

The groups implore the government to respect colleges’ autonomy over their campuses. The signers include the American Council on Education, which represents hundreds of university presidents.

___ Collin Binkley has covered Harvard for nearly a decade — most of the time living half a mile from its campus.

___

The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

Share this @internewscast.com
You May Also Like
Dave Plier gives ABC7 tour of revitalized Museum of Broadcast Communications in West Loop, Chicago

Dave Plier Showcases the Newly Revamped Museum of Broadcast Communications in Chicago’s West Loop on ABC7

The Museum of Broadcast Communications has made a triumphant return to the…
Construction to begin on Jacksonville's Latter-day Saints temple in January

Jacksonville’s New Latter-day Saints Temple Set to Break Ground in January

Excitement is building in Mandarin as the stage is set for a…
Nets rookie Drake Powell answers Spike Lee’s trash talk with big effort

Rookie Sensation Drake Powell Shuts Down Spike Lee’s Trash Talk with Stellar Performance

Facing a daunting 34-point deficit against the Knicks late in the third…
UC Berkeley chaos outside Turning Point gathering ends in multiple arrests as conservative event runs smoothly

UC Berkeley Protest Erupts in Chaos with Multiple Arrests While Turning Point USA Event Proceeds Undisturbed

On Monday, authorities detained at least eight individuals in connection with a…
ACC CEO Chris Jahn: Chemistry Creates a Cleaner Future

Unlocking a Greener Tomorrow: Insights from ACC CEO Chris Jahn on Chemistry’s Role in Sustainability

WASHINGTON, DC — Chris Jahn, the president and CEO of the American…
Nico Harrison makes Instagram change after Mavericks firing

Nico Harrison Updates Instagram Following Departure from Mavericks

Nico Harrison’s tenure with the Dallas Mavericks came to an abrupt end,…
Jewish students 'scared' after Mamdani wins NYC mayor race, calling it 'huge blow'

Jewish Community Expresses Concerns Following Mamdani’s New York City Mayoral Victory, Describing it as a Significant Setback

EXCLUSIVE: Jewish students across New York City are expressing deep concern over…
Uber Chicago news: New women-only Uber driver option becomes available in Chicago Wednesday

Chicago Welcomes Uber’s Women-Only Driver Feature Starting This Wednesday

Uber is introducing a new safety feature specifically designed for women, with…
Knicks rout Grizzlies for 5th straight win, improve to 7-0 at home

Unstoppable Knicks Dominate Grizzlies: Extend Home Winning Streak to 7-0!

At 1 Penn Plaza, the momentum is palpable. The New York Knicks…
US surgeon performs world's first 'remote' surgery — from 4K miles across the Atlantic

U.S. Surgeon Achieves Milestone with First Transatlantic Remote Surgery

In a pioneering advancement for medical science, doctors from the United States…
ByHeart baby formula recall linked to infant botulism outbreak is expanding | Here's what to know

Urgent Update: ByHeart Expands Baby Formula Recall Due to Infant Botulism Concerns – Key Details Inside

ByHeart, a company specializing in organic infant formula, has initiated a nationwide…
Turning Point USA: Fights break out, multiple people arrested as event sparks protest at UC Berkeley, California

Tensions Rise at UC Berkeley: Protests Erupt During Turning Point USA Event, Resulting in Multiple Arrests

The nationwide campus tour by Turning Point USA concluded on Monday evening…