EasyEducationSeptember 19, 2025

What Heightened Cash Monitoring Means for Harvard

Key Vocabulary

monitoring /ˈmɒnɪtərɪŋ/

watching to make sure rules are followed
Example: The school is under monitoring for its finances.

endowment /ɪnˈdaʊmənt/

a large fund of donated money for a university
Example: The university uses its endowment to pay for research.

grant /ɡrænt/

money given for research or study
Example: The lab lost a grant and had to slow work.

📖 Article

The U.S. Department of Education has put Harvard University on heightened cash monitoring. This means Harvard must pay federal student aid first with its own money and then ask the government to pay it back. The department also wants a $36 million letter of credit to protect taxpayer money.

A federal judge later blocked the administration’s attempt to freeze more than $2 billion in Harvard research grants. Harvard has an endowment of about $53 billion, but the university says federal actions have led to layoffs and budget cuts. Students will still receive federal aid for now, but the school faces financial uncertainty.

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❓ Quiz

Q1. Who put Harvard on heightened cash monitoring?
Q2. How much is the letter of credit the department wants?
Q3. What did a federal judge block?

💬 Discussion

1.

Do you worry when you hear about money problems at a university? Why or why not?

2.

Have you ever needed to wait for money for a school project? What happened?

3.

What do you think students feel when their school makes budget cuts?