President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments.

Harvard University warned that the combined cost of federal actions against the school, including a recently passed tax ...

Harvard plans to release its updated budget plan this week, but it gave staff a heads up that nearly $1 billion will be ...

Harvard President Alan M. Garber ’76 warned Monday that the combined financial impact of sweeping federal policy changes — ...

But the final law exempts schools with fewer than 3,000 students from endowment ... as Harvard University for amassing large ...

For schools like Harvard, with its $53 billion endowment fund and $2.9 million in assets per student, the 2024 tax bill was imposed on $2.5 billion in distributed earnings. Harvard officials say the ...

President Trump’s new tax law significantly raises levies on wealthy university endowments, placing Harvard and its peers ...

As Trump battles elite colleges, House GOP looks to hike endowment tax by at least tenfold A passer-by walks through a gate to the Harvard University campus in Cambridge, Massachusetts, on Jan. 2 ...

Endowment tax hike would cost Harvard, ... Congress passed a 1.4 percent tax on investment income from university endowments that have at least $500,000 per student and at least 500 students ...

Read more: With a war on Harvard raging, religious colleges get big tax break in Trump spending bill The new 8% endowment tax rate will only affect a few of the country's most selective colleges ...

As Trump battles elite colleges, House GOP looks to hike endowment tax by at least tenfold A passer-by walks along a path on the campus of Brown University, in Providence, R.I., Monday, Oct. 12, 2020.

Harvard's total endowment is valued at more than $50 billion. Senate Republicans, who are largely more moderate than their counterparts in the House, ultimately watered down the legislation.