FOR IMMEDIATE RELEASE
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Washington, DC (September 17, 2019) – “The Thurgood Marshall College Fund (TMCF) applauds the United States House of Representatives passing the Fostering Undergraduate Talent by Unlocking Resources for Education (FUTURE) Act tonight. The House’s action tonight took a critical step towards ensuring that Historically Black Colleges and Universities (HBCUs), Predominantly Black Institutions (PBIs), Tribal Colleges and Universities (TCUs) and other Minority-Serving Institutions (MSIs) do not face the loss of $255 million in mandatory federal funding on September 30th. The FUTURE Act will renew Title III – Part F (a/k/a SAFRA) funding for an additional two years if passed by the U.S. Senate and signed into law by President Trump.
This critical funding stream (Title III-Part F) helps eligible colleges and universities enhance their fiscal stability, improve their institutional management, and strengthen their academic programming, with a particular focus on high-demand career areas, like careers in STEM fields.
We are appreciative of Speaker Nancy Pelosi and House Education and Labor Committee Chairman Bobby Scott (D-VA) for making HBCU, PBI and other MSI funding a Congressional priority. We thank Congresswoman Alma Adams (D-NC) and Congressman Mark Walker (R-NC) for their leadership in co-sponsoring the legislation and to all of the members of the House of Representatives from both sides of the aisle who voted to extend this critical investment in our Nation’s post-secondary students.
Now, TMCF calls on the Senate to follow the House’s lead and take swift action to prevent this critical funding from elapsing at month’s end, by voting to pass the FUTURE Act. In order to ensure the United States remains globally competitive, we can’t allow these life-changing institutions of higher learning to go unfunded.” Harry L. Williams, TMCF President & CEO.
ABOUT THE THURGOOD MARSHALL COLLEGE FUND
Established in 1987, the Thurgood Marshall College Fund (TMCF) is the nation’s largest organization exclusively representing the Black College Community. TMCF member-schools include the publicly-supported Historically Black Colleges and Universities and Predominantly Black Institutions, enrolling nearly 80% of all students attending black colleges and universities. Through scholarships, capacity building and research initiatives, innovative programs, and strategic partnerships, TMCF is a vital resource in the K-12 and higher education space. The organization is also the source of top employers seeking top talent for competitive internships and good jobs.
TMCF is a 501(c)(3) tax-exempt, charitable organization. For more information about TMCF, visit: www.tmcf.org.