$1 Billion From Mamouth Biden Spending Headed To HBCUs

Historically Black Colleges and Universities (HBCUs) in Tennessee will receive a large portion of taxpayer funds from the $1.7 trillion omnibus spending package on its way to President Joe Biden’s desk for signature.

Overall, the taxpayer-funded package provides $3.5 billion for higher education programs, which is an increase of $532 million above the fiscal year 2022 enacted level. Specifically, the package provides “$1.02 billion, an increase of $137 million over the fiscal year 2022 enacted level, to assist HBCUs and Minority Serving Institutions (MSIs) in the Aid for Institutional Development account.”