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TMCF will lead the planning of the new pilot program in conjunction with Southern New Hampshire University (SNHU), who will serve as the online provider.

The bill also intentionally invests in low-income students by increasing the maximum Pell Award by $150 per student, providing a $304 million increase in the Federal Work Study program, and increasing overall investment in the Federal Supplemental Educational Opportunity Grant by $188 million.

Chaired by Representative Nydia Velázquez (D-NY), the Committee will address the findings in a recent GAO report on the Small Business Administration (SBA) and Historically Black Colleges and Universities (HBCUs).

As a point of comparison, public universities receive 43 percent of their revenues from grants, federal contracts, or appropriations on average, while HBCUs only receive approximately 1 percent.

TMCF prides itself on being fiscally responsible with every charitable donation, large or small. TMCF respects each dollar and is registered with every charitable regulatory agency in every required state and has received the highest ratings from all three non-profit rating groups.

The HBCU Propelling Agency Relationships Towards a New Era of Results for Students Act, or HBCU PARTNERS Act, would give Historically Black institutions of higher learning more access to grants and programs from federal agencies. The agencies would be required to share their plans with Congress and track the HBCUs’ progress.