
Articles
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15 hours ago |
dailynorthwestern.com | Jerry Wu
Only months after capping its second-most successful fundraising campaign in fiscal year 2024, Northwestern turned to the debt market in March, borrowing an additional $500 million in taxable fixed rate bonds. Weeks later, as the University now stares down a $790 million federal funding freeze, the transaction could prove even more timely.
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1 day ago |
dailynorthwestern.com | Jerry Wu
University President Michael Schill joined more than 200 academic leaders in a letter, released Tuesday, condemning the Trump administration’s recent “overreach” in higher education institutions. The signatories included the heads of colleges and universities across the country who have had to grapple with the Trump administration’s pressure campaign against their campuses.
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1 week ago |
dailynorthwestern.com | Jerry Wu
Northwestern officials announced Wednesday that the Department of Energy could terminate all of NU’s research awards unless it adopts a new, substantially reduced indirect research cost rate of 15% by the middle of next month. The decision marks a significant escalation by the Trump administration to take further aim at NU’s research funding, as the University reels from the aftermath of a $790 federal funding freeze last week.
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1 week ago |
dailynorthwestern.com | Jerry Wu
April 11, 2025 University President Michael Schill is in Washington D.C. for a meeting today with U.S. Secretary of Education Linda McMahon amid the Trump administration’s Tuesday freeze on $790 million in federal funds for Northwestern, according to people familiar with the matter.
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2 weeks ago |
dailynorthwestern.com | Jerry Wu |Leah Schroeder
The same day the Trump administration froze $790 million in funding for Northwestern on Tuesday, more than 100 research projects have received stop-work orders from the Department of Defense since then, according to a Thursday afternoon email from University President Michael Schill.
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