Friday, December 20, 2019

Bill Announcement

Office of the Press Secretary
On Thursday, December 19, 2019, the President signed into law:


H.R. 5363, the "Fostering Undergraduate Talent by Unlocking Resources for Education Act or the FUTURE Act," which makes permanent $255 million in mandatory funding for historically Black colleges and universities (HBCUs) and other minority-serving institutions (MSIs); enable disclosure of tax return information for the administration of Federal student financial aid programs; and increase funding for the Federal Pell Grant program.

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