Biden Administration Announces Big Investment Totals for HBCUs $16B in “whole of government” Investments
Washington, D.C., May 16, 2024 (GLOBE NEWSWIRE) -- Today, the Biden-Harris Administration announced that during their three-plus years in office, historically Black colleges and universities (HBCUs) have received over $16 billion in investments.
- Washington, D.C., May 16, 2024 (GLOBE NEWSWIRE) -- Today, the Biden-Harris Administration announced that during their three-plus years in office, historically Black colleges and universities (HBCUs) have received over $16 billion in investments.
- Not only does this investment include funds received from their COVID-19 American Rescue Plan (ARP) law but also other routine, annual investments like the Education Department’s Strengthening HBCUs and student help-focused Pell Grant programs.
- Infrastructure funds are necessary for institutions, and students coming from a lower socioeconomic background must have the Pell Grant doubled.
- We at UNCF want to work with everyone to ensure these outcomes are achieved,” Murray said.