US Education Dept raises 'financial responsibility' concerns about Harvard

The U.S. Department of Education has placed Harvard University on "Heightened Cash Monitoring" status due to concerns regarding the institution's financial standing. As a result, Harvard will now be obligated to utilize its own financial resources...

By Reuters | Sep 19, 2025, 10.56 PM IST

The U.S. Department of Education on Friday said it placed Harvard University on "Heightened Cash Monitoring" status over concerns about the institution's financial position.

Under the HCM status, Harvard will be required to use its own funds to disburse federal student aid before drawing down funds from the Education department, the department said.

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