FOR IMMEDIATE RELEASE  

March 29, 2022  

 

HACU Statement on President Biden’s Fiscal Year 2023 Budget Proposal

The Hispanic Association of Colleges and Universities (HACU) has released the following statement on President Biden’s FY 2023 Budget Proposal released on March 28, 2022. The President’s request includes a grand total of $440 million or $80.69 million more than appropriated in FY 2022. The complete budget details can be found here.

“We applaud the President for continuing to address the needs of the more than 500 Hispanic-Serving Institutions; however, the funding does not adequately redress the ongoing inequity our HSIs face,” said HACU President and CEO Antonio R. Flores. “HSI students are a microcosm of America’s diversity and the backbone of educational opportunity for underserved populations.”

Below is a summary:

U.S. Department of Education: A total of $365.5 million or $68.69 million more than for FY 2022 is proposed under Titles V and III:

  • Title V, Part A, Developing HSIs Program: $236.7 million, which is $53.85 million above the FY 2022 enacted level.
  • Title V, Part B, Promoting Postbaccalaureate Opportunities for Hispanic Americans: $28.8 million, which is $9.14 million above the FY 2022 enacted level.
  • Title III, Part F, Developing HSI STEM and Articulation Programs: $100 million, which is $5.7 million above the FY 2022 enacted level.

National Science Foundation:

  • Improving Undergraduate STEM Education: Hispanic-Serving Institutions: $60.5 million, which is $12 million above the FY 2022 enacted level

U.S. Department of Agriculture:

  • Education Grants for Hispanic-Serving Institutions Grants Program: $14 million, which is the same as the FY 2022 enacted level.

The Federal Pell Grant Program:

  • Increases the maximum Pell Grant award by $2,175 over the 2021 to 2022 award year. This increase is one piece of the budget’s comprehensive proposal to double the maximum Pell Grant by 2029.

The President’s budget does not include funding for the Endowment Fund program for Hispanic-Serving Agricultural Colleges and Universities. This program remains unfunded.

“HACU will continue to advocate for equitable funding from both the administration and Congress for our underfunded and underserved institutions that champion academic attainment and success,” added Flores.

About HACU
The Hispanic Association of Colleges and Universities, founded in 1986, represents more than 500 colleges and universities in the United States, D.C, Puerto Rico, Latin America, Spain, and school districts throughout the U.S. HACU is the only national association representing existing and emerging Hispanic-Serving Institutions (HSIs). The Association’s headquarters are in San Antonio, Texas, with regional offices in Washington, D.C. and Sacramento, California.

HACU Media Contact:
Norma Jean Revilla-Garcia
Executive Director of Communications and Marketing
Hispanic Association of Colleges & Universities
210-576-3206
njgarcia@hacu.net

Christopher de Hoyos
Assistant Director of Communications and Social Media
Hispanic Association of Colleges & Universities
210-576-3242
chris.dehoyos@hacu.net