Brown University has entered into a new $500 million private loan agreement as it grapples with what officials describe as “deep financial challenges.” The Ivy League institution disclosed the deal in a securities filing on Friday, just months after taking out a separate $300 million loan in April.

The latest financing, a five-year loan at a 4.44% interest rate, will require monthly interest payments. The lender’s identity was not disclosed in the filing.

Brown is one of several U.S. universities turning to the capital markets in response to growing fiscal strain, particularly as the Trump administration intensifies scrutiny of higher education funding. Continue reading Brown University Secures $500M Private Loan Amid Mounting Financial Pressures →