North Carolina’s HBCUs could receive a major financial boost
North Carolina’s HBCUs could receive a major financial boost thanks to a new budget proposal introduced by Senate Republicans. The plan, released Monday evening, would significantly increase the amount of sports betting tax revenue allocated to athletic departments at UNC System schools — including several HBCUs. Currently, 13 UNC System schools, including five HBCUs, receive $300,000 annually from the state’s legal sports wagering proceeds, along with a portion of remaining funds after initial distributions. Under the proposed budget, that amount would increase, and Division I HBCUs like Winston-Salem State University, Fayetteville State University, Elizabeth City State University, and North Carolina Central University