Federal Budget Allocation for Colleges, Researchers, and Students in 2024

Date:

2024 Education Department Funding Summary

The Department of Education has announced the enacted budget for the year 2024, revealing significant funding allocations for various financial aid programs and educational institutions. The maximum Pell Grant remains at $6,335, providing crucial support for students in need. Additionally, Supplemental Educational Opportunity Grants and Federal Work Study programs will receive $910,000 each to continue assisting students in pursuing their education.

Institutional aid is also a key focus, with funding allocated to strengthen various institutions serving minority and underrepresented communities. Historically Black Colleges and Universities (HBCUs) will receive substantial support, with Howard University receiving $304,018 and other HBCUs seeing increases in funding as well.

The Department of Education is also investing in research and statistics, with the Institute of Education Sciences receiving $245,000 for research, development, and dissemination. Additionally, the department is allocating funds for student aid administration, international education, and programs supporting students with disabilities and minority students in science and engineering fields.

The Department of Labor is also receiving funding for adult employment and training programs, apprenticeship grants, and career education initiatives. These investments aim to support workforce development and provide opportunities for individuals to gain valuable skills and training.

Overall, the enacted budget for 2024 reflects a commitment to supporting education, research, and workforce development initiatives to ensure that all individuals have access to quality education and training opportunities.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

VP Debate

Related articles