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 refused to comply with a list of government demands, from cutting diversity, equity and inclusion programs to eliminating student groups.

The White House freezes billions in federal aid to Harvard University after the school says it will not agree to a list of demands from the administration. There is still no sign Harvard will back down.