Chairman Scott Praises Passage of FUTURE Act to Provide Extended Funding for HBCUs, TCUs, and MSIs

WASHINGTON – Today, the House voted to pass the FUTURE Act, a bipartisan proposal to preserve funding for Historically Black Colleges and Universities (HBCUs), Tribally Controlled Colleges or Universities (TCUs), and other Minority-Serving Institutions (MSIs). The legislation extends funding for these institutions that was set to expire on September 30, 2019.

“The funding that supports Minority-Serving Institutions is the only program authorized in the Higher Education Act that expires if it is not reauthorized this year. The FUTURE Act, which is fully paid for, preserves vital investments in Minority-Serving Institutions as well as the students and communities they serve,” said Chairman Bobby Scott (VA-03) on the House Floor ahead of the vote. “These institutions play a critical role in expanding access to higher education for low-income students and students of color.”  

 For Fiscal Years 2020 and 2021, 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.

To read the fact sheet on the FUTURE Act, click here.

To read a recent report by the Committee on Education and Labor on the importance of funding HBCUs, TCUs, and MSIs, click here.