Columbia and Donald Trump near a deal

Columbia University and the Trump administration on Friday were nearing a deal in the contentious fight over allegations that the school had failed to protect Jewish students from harassment, with Columbia potentially agreeing to pay hundreds of millions of dollars to settle the matter, according to two people familiar with the discussions.

The deal, which remains in draft form, would restore at least some of the $400 million in federal research funding the administration canceled. In exchange, Columbia would provide compensation to settle allegations of civil rights violations and increase transparency about admissions and foreign gifts, among other concessions. The existence of a potential deal was confirmed by a third person, who, like the others, spoke on the condition of anonymity to describe sensitive negotiations.

The deal could include $200 million or more in compensation paid by Columbia for alleged violations. Columbia officials are expected to meet with Trump aides next week at the White House.