WASHINGTON, D.C. – Today, the Senate passed a bipartisan agreement brokered by U.S. Senator Chris Coons (D-Del.) and several leading Republican and Democratic Senators, also supported by Senator Tom Carper (D-Del.), to make permanent $255 million in annual funding for historically black colleges and universities and minority serving institutions like Delaware State University. The legislation will also simplify the Free Application for Federal Student Aid, or FAFSA, for 20 million American families, and streamline income-driven repayment for nearly 8 million borrowers. Funding for the institutions had lapsed on September 30.
“This is a historic day for Delaware State University and HBCUs across the country, which have played a critical role in helping to ensure that every Delawarean and every American is able to access higher education,” Senator Coons said. “HBCUs like Delaware State are among our nation’s most important and cherished institutions, and I’m proud that we were able to reach a bipartisan agreement to permanently provide them with the federal funding they deserve.”
Senator Coons added: “This bill doesn’t only support DSU and HBCUs – it will also simplify the federal student aid process so that millions of American students can access the federal student aid available to them.”
“I’m pleased that this bipartisan agreement is now one step closer to being signed into law. It will bring permanent federal funding to Delaware State University and other HBCUs across the country and enable these universities to focus on what they do best: educating our students in the classroom and preparing them for lasting careers in today’s workforce,” said Senator Carper. “In Delaware, we know that the money provided through the Higher Education Act is a smart investment that will bolster our workforce and our economy. Last month, I visited Delaware State University and heard directly from students and faculty members about how important this federal funding is to the university’s success. I want to thank my colleagues Senators Murray and Alexander, as well as Senators Jones, Coons, Scott and Burr, and members of their staffs, for working in good faith to reach a bipartisan agreement that provides our HBCUs and students with the funding they deserve.”
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