On May 16, the Biden-Harris administration announced that historically black colleges and universities (HBCUs) have received more than $16 billion in investments during the more than three years of the administration. This investment includes funding received from the COVID-19 American Rescue Plan (ARP) Act, as well as other routine annual grants such as the Department of Education’s HBCU Strengthening and Pell Grant programs focused on student assistance. It also includes investment.
“UNCF (United Negro College Fund) works with both political parties and is bipartisan. Yet I can say that no other administration has prioritized HBCUs like this,” said Michael, President and CEO.・Dr. L. Lomax said. UNCF.
“HBCUs have been systematically and chronically underfunded since their founding. The Biden-Harris Administration’s efforts are helpful, but more work is needed across the federal government, state governments, and philanthropic partners. Let me make that clear.”
“A large-scale effort like this is not by accident, but by design,” said Rodriguez-Murray, UNCF’s senior vice president for public policy and government affairs. “President Biden and Vice President Harris entered office proposing nearly $9 billion for HBCUs through the ARP and its infrastructure plan.”
“At $16 billion, the endowment demonstrates the dual strategy we at UNCF have followed, prioritizing institutions and students. Institutions need infrastructure funding, and socio-economic We must double Pell grants for students from low-income backgrounds, and we at UNCF want to work with you to ensure these outcomes are achieved,” Murray said. Ta.
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