TMCF Applauds President Biden’s First State of the Union Address

March 4, 2022

Washington, D.C, March 1, 2022-Tonight, President Biden delivered his first State of the Union Address to the nation calling for increased funding to our nation’s Historically Black Colleges (HBCUs). In recognition of TMCF’s continued advocacy for enhanced support to aid HBCU students in their efforts to persist towards graduation, President Biden called for a $2,000
increase to the maximum Pell Grant award which serves as a financial lifeline for many students
TMCF proudly serves.

President Biden also acknowledged the vital role that HBCUs, TCUs and MSIs play in helping underrepresented students achieve economic mobility, particularly in STEM fields. Importantly, he recognized that our institutions have historically received fewer resources than other colleges and universities, thereby undermining our ability to grow and support more students. Cognizant of these shortcomings, TMCF appreciates President Biden’s request that Congress
expand existing institutional aid grants to our schools.

“As a U.S. Senator, and Vice President of the United States, President Biden has remained a steadfast supporter of our nation’s HBCUs. Tonight, President Biden has once again demonstrated his commitment to ensuring HBCUs continue to thrive and provide access to a quality education for all – regardless of a student’s social-economic circumstances.” said Dr. Harry L. Williams, President and CEO of the Thurgood Marshall College Fund.“ As the nation continues to navigate both the COVID-19 pandemic and conflict abroad, I am delighted to hear that HBCUs remain a top priority for the Biden Administration.”

TMCF looks forward to our continued, bipartisan engagement with members of Congress and
the Biden Administration to further build the capacity of our nation’s HBCUs.

Related News

Thurgood Marshall College Fund partnering with Chipotle in June to create impact for students

In observance of Juneteenth, Chipotle Mexican Grill has selected the Thurgood Marshall College Fund (TMCF) to benefit from a donation round-up from June 15-21. Chipotle patrons in the United States can round-up their order total to the next highest dollar amount on the Chipotle app and Chiptole.com to support TMCF, its students and member institutions.  […]

Thurgood Marshall College Fund board chair shared financial expertise with national media outlets

The chair for the Thurgood Marshall College Fund (TMCF) Board of Directors recently shared her deep expertise in finance with Bloomberg and MS NOW.  Racquel Oden, chair of the TMCF board and HSBC’s head of international wealth and premier banking, and head of global private banking, spoke about corporate earnings driving the market on Bloomberg’s […]

Thurgood Marshall College Fund SOAR program set to begin on 16 campuses 

The Thurgood Marshall College Fund (TMCF) SOAR (Seeking, Observing and Achieving Results) program expanded to 16 campuses this summer, with activities beginning on the last day of May and continuing through July. SOAR began in 2024 on the campuses of four historically Black colleges and universities (HBCUs).   The SOAR program provides high school juniors and […]