India, July 13 -- Columbia University, the high-profile target in US President Donald Trump's federal funding crackdown, is now reportedly on the brink of a deal with the US administration that would restore its government support.

According to a New York Times report, the Ivy League school could pay out as much as $200 million to settle the matter with the Trump administration. The move is expected to unlock the return of nearly double that amount in frozen federal funding.

The potential deal would resolve the suspension of approximately $400 million in federal grants and contracts that were stripped earlier this year. The funding was pulled over concerns related to the university's handling of discrimination and campus safety for Jewi...