Bag Secured! HBCU's get $16 billion from Biden-Harris | Roland Martin

Today, the Biden-Harris Administration announced a new record in Federal funding and investments in Historically Black Colleges and Universities, totaling more than $16 billion from Fiscal Year 2021 to now.

Those funds came from the following:
Nearly $4 billion for HBCUs through the American Rescue Plan and other COVID relief legislation. These grants funded through the Department of Education and other agencies have helped HBCUs support students' ability to meet basic needs; support campus operations, staffing, teaching, and educational programs; and keep campuses and the surrounding communities on the path to an equitable recovery;

$2.6 billion from the Department of Education to build institutional capacity at HBCUs. These efforts support the growth and sustainability of HBCU degree programs; increase and enhance human, technological, and physical infrastructure for research; strengthen positioning to secure direct partnership opportunities; and create sustainable fund development;

Over $1.6 billion to HBCUs through Federal grants, cooperative agreements, and other competitive funding opportunities that drive the advancement of academic and training programs, community-based initiatives, and research innovation across national priorities such as medicine and public health, climate science, agriculture, emerging technologies, and defense;

Almost $950 million to support HBCUs in growing research capacity and related infrastructure to better compete for Federal research and development dollars;

Nearly $719 million in grant funding to expand STEM academic capacity and educational programs; and in other high-wage, high-demand fields such as computer science, nursing, and allied health;

Over $150 million in Federal contracting opportunities awarded to HBCUs, including for research and expansion of STEM education programs at the Department of Health and Human Services, Department of Transportation, Department of Energy, and U.S. Agency for International Development;

$1.6 billion in capital finance debt relief for 45 public and private HBCUs. Discharging these debts has enabled these institutions to focus resources on supporting students, faculty, and staff while recovering from the COVID-19 pandemic; and

Over $2.4 million in Project SERV funds to support HBCUs affected by more than a dozen bomb threats in 2022. These grants have helped restore safe learning environments and invest in student mental health and well-being for students

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