Dept. of Education Gives HBCUs $228 Million – OnlineBusinessDegree.org
The U.S. Dept. of Education recently awarded a $227.9 million grant to 97 historically black colleges and universities (HBCUs) nationwide.
The purpose of The Strengthening Historically Black Colleges and Universities Program is to provide financial assistance to HBCUs by establishing or strengthening their physical plants, financial management, academic resources, and capacity to build endowments.
Activities that will be included in the five-year grants are curriculum reform, counseling and student services, creating teacher education programs, gaining real estate property for the purpose of improving campus facilities, and funding for faculty and staff development. The funds may also be used for purchasing or renting lab equipment as well as development of curriculum in disciplines in which Blacks are under-represented.
“HBCUs have made enduring, even staggering contributions to American life despite the steep financial challenges many have faced,” U.S. Secretary of Education Arne Duncan said in a press release. “The grants will help these important institutions continue to provide their students with the quality education they need to compete in the global economy.”
Grant recipients include 97 HBCUs, which include all that offer online undergraduate or graduate degree programs in business-related fields. Here’s a list of those schools and the amount of money they were awarded:
- Fayetteville State University – $3,842,872
- Florida A&M University – $6,596,639
- Hampton University – $2,641,339
- Jackson State University – $5,314,828
- Langston University – $2,356,747
- North Carolina A&T State University – $5,246,940
- Prairie View A&M University – $4,334,301
- St. Philip’s College – $5,404,878
- Texas Southern University – $4,438,376
- Tougaloo College – $2,195,106
- Virginia University of Lynchburg – $500,000
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