Harvard University is the latest school to implement a hiring freeze as federal funding remains uncertain. President Trump has threatened to cut federal funding for schools that allow "illegal" protests. Universities use millions of dollars in federal funding for student aid and research programs.

The latest wave of cost-cutting measures comes after the Trump administration pulled $400 million from Columbia University and $800 million from Johns Hopkins.

The hiring pause at one of the nation’s wealthiest schools comes after other schools have also announced efforts to save money.