Garber continued that Harvard had been preparing for "changes in the revenues that support our mission," and has asked that its schools and units identify "strategic adjustments in their spending to build the long-term capacity needed to advance academic priorities at a time of uncertain revenues" as part of its 2026 fiscal year.

Harvard University implements hiring freeze amid ‘financial uncertainties’ after feds stripped $400 million from Columbia University

Student protesters at Columbia University criticized the Trump administration's decision to rescind more than $400 million in federal grants to the university as a "scare tactic."