(Reuters) -Harvard University is dedicating $250 million of its own funds to support researchers after U.S. President Donald Trump's administration froze nearly $3 billion in federal grants and contracts in recent weeks, the university announced on Wednesday.

Harvard University has announced it will allocate $250 million of its own resources to support research programs following a federal funding freeze imposed by the Trump administration. The funding decision comes as part of a broader strategy to maintain critical academic work and compensate for the loss of more than $2.