This is a record. That means no other administration has EVER invested this much money into Historically Black Coleges.
FACT SHEET: Biden-Harris Administration Announces Record Over $16 Billion in Support for Historically Black Colleges and Universities (HBCUs)
Today, the Biden-Harris Administration announced a new record in Federal funding and investments in Historically Black Colleges and Universities (HBCUs) totaling
more than $16 billion from Fiscal Years (FY) 2021 through current available data for FY 2024. This new reported total is up from the previously announced over $7 billion, and captures significant additional actions already undertaken. The total of more than $16 billion includes over
$11.4 billion between FY2021 and FY2023 through Federal grants, contracting awards, and debt relief for HBCUs; over
$4 billion between FY2021 and FY2023 for HBCU-enrolled students through federal financial aid and educational benefits for veterans; and, so far in FY 2024,
over $900 million has been secured for Department of Education programs strengthening HBCUs as institutions. President Biden and Vice President Harris are committed to ensuring whole-of-government investment efforts in HBCUs continue at full momentum through the rest of FY 2024.
Today, the Biden-Harris Administration announced a new record in Federal funding and investments in Historically Black Colleges and Universities (HBCUs)
www.whitehouse.gov