Explore the latest developments concerning Cornell Reaches Deal.
Cornell University reaches $60 million deal with Trump administration to restore federal funding
The Trump administration has reached a multimillion dollar deal with Cornell University to restore more than $250 million in federal funding for the school.
Cornell is expected to pay the federal government $30 million over three years, according to the text of the agreement. The school is also expected to invest $30 million in âresearch programs that will directly benefit US farmers through lower costs of production and enhanced efficiency.â
Under the deal, which is effective Friday, the university has also agreed to provide the federal government with âanonymized undergraduate admissions data.â That data, the agreement says, will be âsubjected to a comprehensive audit by the United States.â
Cornell University to pay $60M in deal with Trump administration to restore federal funding
A woman walks by a Cornell University sign on the Ivy League school’s campus in Ithaca, New York, Jan. 14, 2022. (AP Photo/Ted Shaffrey, File)
President Donald Trump attends a dinner with leaders from countries in Central Asia, Thursday, Nov. 6, 2025, in the East Room of the White House in Washington. (AP Photo/Jacquelyn Martin)
A woman walks by a Cornell University sign on the Ivy League school’s campus in Ithaca, New York, Jan. 14, 2022. (AP Photo/Ted Shaffrey, File)
A woman walks by a Cornell University sign on the Ivy League school’s campus in Ithaca, New York, Jan. 14, 2022. (AP Photo/Ted Shaffrey, File)
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