Harvard University says it will not take about $8.6 million through the Coronavirus Aid, Relief, and Economic Security Act.
The announcement, which the university made Wednesday, April 22, is the third position the world's richest university has taken on the federal grant money in a week.
At a time where Harvard University received nearly $9 million from the federal government in the recent coronavirus bills, some say it is time for the government to start taking more money from Harvard and its peers.
Harvard University drew criticism recently when news broke last week that the world's richest school would receive $8,655,748 in federal aid from the CARES Act. The government funding comes despite Harvard managing an endowment that was worth $40.9 billion in June 2019.
