Columbia University has agreed to pay $200 million over the next three years to resolve claims it discriminated against Jewish students -- an agreement the university said will restore hundreds of millions of dollars in federal grants the Trump administration had threatened to withhold.

"While Columbia does not admit to wrongdoing with this resolution agreement, the institution's leaders have recognized, repeatedly, that Jewish students and faculty have experienced painful, unacceptable incidents, and that reform was and is needed," the university said in a statement.

Columbia also agreed to submit to a federal monitor that will assure compliance with admissions and hiring practices and provide certain information about foreign students to immigration authorities.

This is a developing story. Please check back for updates.