According to publicly available information, eight Ivy League schools in the U.S. received about $6.4 billion in federal funding in the fiscal year 2024.
Columbia University’s financial statements show that it received $1.3 billion In federal funding; University of Pennsylvania accepts $1.8 billion Yale University received it $898.7 million In 2024.
Cornell University is not far away, received $825 million In fiscal year 2024 and Harvard University $686.5 million. Princeton University takes over $455 million, Brown University reported “More than $254 million“And, based on U.S. spending, Dartmouth received it $141.9 million In 2024.
In the fiscal year 2024, the Ivy League School received approximately $6.4 billion in federal funding. (Andy Lewis/Icon Sportswire via Getty Images)
The funds obtained by universities from the federal government are usually in the form of grants for research and development, facilities, administrative costs, and student aid.
President Donald Trump’s federal funding for schools has been under scrutiny Management Signals If they don’t remove the DEI policy, they may lose the opportunity to obtain taxpayer dollars.
In addition, the Trump administration $175 million has been suspended The University of Pennsylvania incorporates trans athletes into women’s sports. The government also warns Columbia University that they may lose $400 million In federal funding, if they can’t properly address anti-Semitism on campus.
Each year, the Ministry of Education issues approximately $100 billion in student loans and allocates more than $30 billion in Pell grants. Despite Trump’s order to repeal the Department of Education, he said he wanted to keep Pell grants entirely and relocate student loans under the Small Business Administration.
While Ivy League schools have received billions of dollars in taxpayer funds, many have large endowments that can cover any potential losses in federal funds.
As of 2024, the value of donations from Columbia University $14.8 billionThe University of Pennsylvania donation is $22.3 billionYale’s donation is $41.4 billionHarvard has accumulated $53.2 billion.
The University of Pennsylvania told Fox News in a statement that losing federal funds will “hazard” important research. (Hannah Beier/Bloomberg via Getty Images)
The University of Pennsylvania told Fox News in a statement that losing federal funds will “hazard” important research.
“Federal funding freezes and cancels research that endangers life-saving and improving lives, society and individuals will feel the loss far beyond our campus in the coming years. It is understandable that we will not only hear directly from affected scientists, but more widely from students and young faculty, pursuing graduate careers.”
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Fox News Numbers Also contacted with Columbia University, Yale University, Cornell University, Harvard University, Princeton University, Brown University and Dartmouth College, but no response was received immediately.
