TMCF President and CEO Dr. Harry L. Williams has released the following statement on President Biden’s FY ‘25 Budget proposal
Washington, D.C., March 11, 2024 (GLOBE NEWSWIRE) -- Through his FY 2025 (FY’25) budget proposal, President Biden and his administration have once again shown their commitment to investing in Historically Black Colleges and Universities (HBCUs) and their students.
- Washington, D.C., March 11, 2024 (GLOBE NEWSWIRE) -- Through his FY 2025 (FY’25) budget proposal, President Biden and his administration have once again shown their commitment to investing in Historically Black Colleges and Universities (HBCUs) and their students.
- The President’s FY’25 recommended budget proposes a $750 increase in the maximum Pell award over FY’23 levels to $8,145 and maintains the strength of student aid programs such as Federal Work-Study and the Federal Supplemental Equal Opportunity Grants program (FSEOG).
- Increasing research capacity and opportunity at our schools is of critical importance to the long-term sustainability and growth of our institutions, and to our nation’s global competitiveness.
- We strongly encourage the Administration to consider an upward adjustment in its proposed investment in FIPSE as it begins its negotiations with Congress on the FY’25 budget.