US President Donald Trump says his administration will revoke Harvard University's tax-exempt status. The move would follow a partial freeze on the institution's federal funds in April.



Trump wrote on social media on Friday, "We are going to be taking away Harvard's Tax Exempt Status," adding, "It's what they deserve!" He did not mention when he plans to cancel the status.



This is yet another pressure on the Ivy League university, which has not followed requests from his administration.



The Trump administration announced the partial freeze of federal grants to Harvard in April, citing the university's failure to protect Jewish students from antisemitism on campus.



Harvard University issued a statement saying there is no legal basis to rescind its tax-exempt status.



Harvard noted that "such an unprecedented action" would result in diminished financial aid for students and would have "grave consequences for the future of higher education" in the United States.



The university filed a lawsuit with a federal court in Massachusetts last month against the Trump administration's partial funding freeze.