HBCUs Receive Second Round of Federal Funding
At the White House Initiative on HBCUs Summit at the White House complex, Secretary of Education Linda McMahon announced a second round of funding for historically Black colleges and universities (HBCUs)—which exceeds the congressionally approved amount. This year, for fiscal year (FY) 2026, $174 million was added to HBCUs by President Trump and his administration. The newly announced funding, which comes through the mandatory mechanism, is in addition to the $406 million passed by Congress and signed by the President. Last year, the Trump Administration added $439 million to the previous year’s $406 million. When combining FY 2025 to FY