New Delhi, July 1 -- The talks between Harvard University and the White House have paused, a report said on Monday, as threat loomed over the Ivy League school's funds and the future of its foreign students.

As per a Bloomberg report quoting an unnamed person familiar with the matter, the stalling of talks threatens a quick resolution of the ongoing standoff between Harvard University and President Donald Trump's administration.

Citing private discussions, the source told Bloomberg that a potential deal was knocked off course last week but assured that hopes still remain for an accord between the two parties.

Harvard or the Trump administration have not said anything publicly yet.

Discussions between Harvard University and the Donald ...