New restrictions on Harvard: Trump admin limits aid access to Ivy League; cites financial concerns

The Trump administration has intensified its conflict with Harvard University by imposing new restrictions on federal student aid access, citing financial concerns. Harvard must now use its funds for aid disbursement before reimbursement and provide a $36 million letter of credit. Education Secretary Linda McMahon emphasized the need to protect taxpayers.

New restrictions on Harvard: Trump admin limits aid access to Ivy League; cites financial concerns
The Trump administration has intensified its conflict with Harvard University by imposing new restrictions on federal student aid access, citing financial concerns. Harvard must now use its funds for aid disbursement before reimbursement and provide a $36 million letter of credit. Education Secretary Linda McMahon emphasized the need to protect taxpayers.