Resolution criteria

This market will resolve to "Yes" if Harvard University is permitted to enroll international students for the Fall 2025 semester. The determination will be based on official announcements from Harvard University or the U.S. Department of Homeland Security (DHS). If, by the start of the Fall 2025 semester (first day of class is September 2), Harvard retains its certification under the Student and Exchange Visitor Program (SEVP), allowing the enrollment of international students, the market will resolve to "Yes." Conversely, if Harvard is not permitted to enroll international students for that semester, the market will resolve to "No."

Background

In May 2025, the Trump administration revoked Harvard University's SEVP certification, effectively barring the institution from enrolling international students. This action was justified by allegations of non-compliance with federal policies and concerns over campus safety. Harvard contested this decision by filing a lawsuit, arguing that the revocation was unlawful and politically motivated. A federal judge subsequently issued a temporary restraining order, blocking the administration's attempt to revoke Harvard's certification, thereby allowing the university to continue enrolling international students pending further legal proceedings. (apnews.com)

Considerations

The legal proceedings between Harvard University and the Trump administration are ongoing. The final outcome of this dispute will determine whether Harvard can enroll international students for the Fall 2025 semester. Traders should monitor official communications from Harvard University and the DHS for updates on the status of Harvard's SEVP certification and any court rulings that may impact the university's ability to enroll international students.