Today, we also have a new announcement from the President’s competition agenda. A recent survey of college presidents by the American Council on Education found that these ARP investments enabled 93 percent of colleges to provide direct financial support to students at risk of dropping out, 81 percent of colleges to keep students’ net prices similar to pre-pandemic levels, and 70 percent of colleges to continue to employ faculty, staff, and other employees. These funds are already having a significant impact on institutions and students. The ARP’s funding for Higher Education includes over $10 billion for community colleges and over $2.7 billion for HBCUs - one of the largest-ever federal investments in community colleges and HBCUs. In a press call today with key members of Congress, Education Secretary Cardona will highlight the ARP’s Higher Education Emergency Relief Fund to serve students and ensure learning continues during the pandemic. Today, we’re focusing on ARP’s higher-ed investments in community colleges HBCUs TCCUs - Tribally Controlled Colleges and Universities and MSIs - Minority-Serving Institutions. This week, we are marking one year - the one-year anniversary of the American Rescue Plan, which has been the key driver of our strong economic recovery, provided us with the tools needed to fight the pandemic, and made long-term investments to revitalize the local economy in communities around the country.Įach day this week, we will focus on a different element of the hundreds of ARP - or American Rescue Plan - programs that have successfully delivered resources across the country over the past year. I have two items for all of you at the top. Get Involved Show submenu for “Get Involved””.The White House Show submenu for “The White House””.Office of the United States Trade Representative.Office of Science and Technology Policy.Executive Offices Show submenu for “Executive Offices””.Administration Show submenu for “Administration””.
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