Bill Announcement

On Thursday, December 19, 2019, the President signed into law:

H.R. 5363, the "Fostering Undergraduate Talent by Unlocking Resources for Education Act or the FUTURE Act," which makes permanent $255 million in mandatory funding for historically Black colleges and universities (HBCUs) and other minority-serving institutions (MSIs); enable disclosure of tax return information for the administration of Federal student financial aid programs; and increase funding for the Federal Pell Grant program.