Harvard to Borrow $750 Million Amid Federal Funding Uncertainty

The Ivy League school faces heightened scrutiny over its access to $9 billion in federal funding.

The Harvard University campus in Cambridge, Mass., on March 23, 2020. Maddie Meyer/Getty Images

Harvard University is looking to borrow $750 million through taxable bonds as the Ivy League school’s federal funding is under review.

“As part of ongoing contingency planning for a range of financial circumstances, Harvard is evaluating the resources needed to advance its academic and research priorities,” a university spokesperson said on April 8 in an emailed statement responding to questions about the bond sale.