Harvard Declines $8.6M In Stimulus Money After Trump's Remarks

President Trump criticized Harvard for accepting federal funds under the Cares Act, despite its large endowment. Harvard clarified it never requested or received the funds and intended any received money for needy students. The university expressed concern that political focus might affect relief efforts for other institutions. Trump thanked Harvard for not accepting the funds. Stanford, Princeton, and Yale also declined federal stimulus funding.

What was the purpose of the funding under the Cares Act mentioned in the text?

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Which other universities announced they would not accept federal stimulus funding?

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