Brown University takes out $300 million loan amid Trump funding uncertainty

University At Odds With Trump Admin Takes Out $300,000,000 Loan

Brown University has taken out a $300,000,000 loan shortly after the Trump administration froze $510 million in grants to the school.

Brown University taps $300 million loan amid funding threats - The Boston Globe

The college initiated a term loan with an unidentified lender, according to a regulatory filing dated April 15. The proceeds will be used for general corporate purposes, giving Brown flexibility to use the funds as it sees fit.

Brown University takes out $300 million loan amid Trump funding uncertainty

Follow The Herald's latest coverage on how the Trump administration is impacting Brown here.Brown took out a $300 million loan last Friday amid the Trump administration's recent threats to the University's federal funding.A White House official previously told The Herald that it planned to freeze $510 million of Brown's federal funding as it reviews the University's response to alleged antisemitism and Brown's diversity, equity and inclusion ini…