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Trump Says Near-Final $500 Million Harvard Deal Would Fund Trade Schools, Restore Grants

Court rulings that rebuked earlier funding cuts complicate negotiations over restoring Harvard’s research money.

Overview

  • From the Oval Office, President Trump said Education Secretary Linda McMahon is finalizing paperwork on an agreement for Harvard to pay about $500 million and operate trade‑school programs focused on AI and other technical skills.
  • Trump said the proposed deal would pave the way to reinstate roughly $2.2–$2.7 billion in federal research grants that had been frozen, though Harvard has not confirmed any terms.
  • Harvard leaders have not endorsed the figure, with Corporation chair Penny Pritzker voicing skepticism about agreeing to a $500 million payout.
  • A federal judge in Boston recently ordered the administration to reverse research funding cuts to Harvard, characterizing them as unlawful retaliation, even as other enforcement actions continued.
  • The White House has initiated suspension and debarment proceedings against Harvard and has pursued similar settlements with peers, including Columbia at about $200–$220 million and Brown at $50 million.