WASHINGTON D.C., DC — The U.S. Senate and House of Representatives passed the FUTURE Act, which will renew funding permanently for minority-serving institutions of higher education.
Funding for minority-serving institutions of higher education lapsed on September 30. It gives $255 million in federal funding for HBCUs and Minority Serving Institutions. This includes five Historically Black Colleges and Universities (HBCUs) in Virginia.
“I’m thrilled the Senate was able to find a compromise and pass our bill to support HBCUs in Virginia and across the country. This funding demonstrates that we’re committed to the students who are doing fantastic work at schools like VUU, VSU, Hampton, Norfolk State, and Virginia University of Lynchburg. By keeping our promise to America’s HBCUs, we can help ensure these institutions remain strong for generations to come,” Senator Tim Kaine said.
The FUTURE Act would ensure that:
- Historically Black Colleges and Universities (HBCUs) continue to receive $85 million per year.
- American Indian Tribally Controlled Colleges and Universities (TCCUs) continue to receive $30 million per year.
- Hispanic-Serving Institutions (HSIs) continue to receive $100 million per year.
- Predominantly Black Institutions (PBIs) continue to receive $15 million per year.
- Alaska Native and Native Hawaiian-Serving Institutions (ANNHs) continue to receive $15 million per year.
- Asian American and Native American Pacific Islander-Serving Institutions (AANAPISIs) continue to receive $5 million per year.
- Native American-Serving, Nontribal Institutions (NASNTIs) continue to receive $5 million per year.
View the legislation below:
The five Virginia schools that are impacted by this legislation are Virginia Union University, Norfolk State University, Virginia State University, Hampton University, and Virginia University of Lynchburg.