NewsBiden-Harris Administration Reveals HBCU Funding Of $16 Billion

Biden-Harris Administration Reveals HBCU Funding Of $16 Billion

Harris announced the record-level achievement in a statement.

The Biden-Harris Administration shared that federal HBCU investments and support now total more than $16 billion.

“As a proud graduate of Howard University, I know firsthand that our HBCUs are centers of academic excellence,” shared Harris. “For generations, these anchors of our communities have played a pivotal role in building and contributing to America’s leadership at home and abroad.”

Over $4 billion will also go toward ensuring education benefits for veterans as well as HBCU students needing federal financial aid through Pell Grants and work-study programs. The accomplishments hope to extend through the rest of the year, establishing the Biden-Harris Administration’s ongoing commitment to strengthening HBCUs.

She added, “We know that when we invest in the success of our HBCUs, we are investing in the strength of our Nation – today and for generations to come.”

As the Biden-Harris ticket seeks reelection this year, these historic funding levels hope to promote their cause to diverse voters. Biden has faced some weariness from Black and young voters thus far in his campaign, leading to new initiatives and engagements by both he and Harris to revitalize the crucial demographic.

However, as the race heats up, Biden-Harris’ achievement toward HBCUs hopes to signify that their work toward the Black community deserves another term.

RELATED CONTENT: Morgan State University FinTech Center Secures $1M Grant From Blockchain And Crypto Company 

Source: Black Enterprise

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