The Actual News

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Columbia agrees to pay over $200 million in federal settlement

Summary

Columbia University has agreed to pay the U.S. government $200 million. This settlement ends several investigations by federal agencies and allows Columbia to access federal research money again.

Key Facts

  • Columbia University will pay $200 million to settle with the federal government.
  • The settlement is related to investigations by more than one federal agency.
  • Before the settlement, Columbia's access to federal research funds was on hold.
  • Paying the settlement will let Columbia receive federal research funding again.
  • The settlement creates opportunities for Columbia to get more research grants in the future.
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