Apr. 10, 2013
Lupe Flores
Member Advisory
April 10, 2013
President’s Fiscal
Year 2014 Budget Request
Almost two months after the
statutory deadline, the Obama Administration has finally announced its FY 2014
budget recommendations.
The
2014 budget request largely tracks 2013 appropriations which saw level funding
minus the reductions mandated by the sequestration process. However, the
President’s budget recommends undoing the sequester for FY 2014. The FY 2014
budget includes $100 million for Title V Part A (Developing Hispanic-Serving Institutions
- HSIs) and $21 million for Title V Part B (Developing Post-Baccalaureate Opportunities
for Hispanic Americans). The proposal also recommends $9.219 million for the
U.S. Department of Agriculture Education Grants for HSIs and first time funding
of $10 million for the Hispanic-Serving Agricultural Colleges and Universities
(HSACU) endowment fund that was authorized in the 2008 Farm Bill.
Unfortunately, the HUD University Partnership
Programs, including the Hispanic-Serving Institutions Assisting Communities (HSIAC), is zeroed out for the fourth year in a row.
HACU staff is already working closely with Congress on appropriations for FY 2014. For additional information regarding the FY 2014 Budget, please see the attached chart or contact Laura Maristany, HACU Executive Director of Legislative Affairs, at lmaristany@hacu.net.
U.S. Department of Education:
Title V - Developing HSIs:
FY 2013: $95.4 million
FY
2014 Budget: $100 million
Title V Part B - Promoting Post-Baccalaureate Opportunities for Hispanic Americans:
FY 2013: $8.5 discretionary + $10.9 million mandatory with sequester cuts applied
FY
2014 Budget: $9 million + $11.5 million
U.S. Department of Agriculture:
Education Grants Program for HSIs:
FY 2013: $8.7 million
FY 2014 President’s Budget Request: $9.219 million
HSACU Endowment Fund
FY 2013: $0
FY
2014 President’s Budget Request: $10 million
HACU Member Advisories are a service of the Hispanic Association of Colleges and Universities.