The negotiations have advanced to the point where the administration is looking over proposed text that could lead to a deal.

The university was open to spending $500 million, but a $50 million settlement with Brown has prompted new debates in Cambridge.

Harvard President Alan M. Garber ’76 has told faculty that a deal with the Trump administration is not imminent and denied that the University is considering a $500 million settlement, according to three faculty members familiar with the matter.