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He s really making some strong statements about the value of education and investing in young people, he said.
Higher education leaders were particularly heartened by Biden s plan to boost the Pell Grant, even if the maximum amount of the federal financial aid grant, currently $6,495, wasn’t doubled as many had hoped.
Across HBCUs, about two-thirds of students are Pell eligible. Nearly 75 percent of the students at Dillard are eligible.
The proposed funding in the Biden plan comes at a time when the financial status of long-struggling minority-serving institutions in general, and HBCUs in particular, is getting widespread attention. Public awareness of racial, economic and educational inequities has been increasing as part of the country s racial reckoning since the killing of George Floyd. Policy makers and philanthropists alike have moved to address these issues and support institutions that educate large numbers of students of color.
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