BACKGROUNDER: Education Department Announces Funding for U.S. State-by-State Bailout for Colleges and Universities

During US bailout anniversary week, Biden-Harris administration highlights investments in community colleges, historically black colleges and universities, and other critical institutions

Today, the Department of Education announced the state-by-state split of funding for colleges and universities under the President’s U.S. bailout – one of the largest one-time funding injections ever given to colleges and universities in the country. These funds have been provided through the Higher Education Emergency Relief Fund (HEERF) over the past year.

The American rescue plan provided for:

• Over $10 billion to over 1,000 community colleges
• More than $2.7 billion to historically black colleges and universities (HBCUs)
• Over $190 million to Tribal Controlled Colleges and Universities (TCCU)
• About $11 billion to Hispanic-Serving Institutions (HSI)
• About $5 billion to institutions serving Asian Americans and Pacific Islander Native Americans (AANAPISI)
• Nearly $1 billion for Predominantly Black Institutions (PBI)

The Ministry of Education expects that at least half of these funds will be used to provide direct financial aid to students. In addition to funding provided under previous coronavirus relief legislation, these funds are already being used by colleges and universities across the country to serve students and ensure continued learning during the COVID-19 pandemic. 19. These funds are already having a significant impact on institutions and students:

• A recent survey of college presidents by the American Council on Education found HEERF enabled:
  • 93% of colleges will provide direct financial support students at risk of dropping out
  • 81% of colleges keep student net prices similar to pre-pandemic levels
  • 70% of colleges will continue to employ faculty, staff and other employees otherwise at risk of unemployment
  • 63% of colleges to keep students and faculty safe by purchasing COVID-19 tests, health examinations and healthcare
• Thousands of colleges and universities across the country are use HEERF to keep students enrolled and on track to graduate, as well as to make college more affordablegranting emergency scholarships, paying off outstanding student debt or outstanding balances, and eliminating practices withholding transcripts.

Fact Sheet by State/Territory:

Alabama

Alaska

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

Florida

Georgia

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

new York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

Caroline from the south

South Dakota

Tennessee

Texas

Utah

Vermont

Virginia

Washington

West Virginia

Wisconsin

Wyoming

District of Colombia

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