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Education Department announces $5M in completion grants for HBCUs, other minority-serving institutions

The $5 million is money Congress allocated to the department, Education Secretary Miguel Cardona said during an agency event Thursday that highlighted efforts to improve inclusivity in higher education.

“Years of underinvestment, state budget cuts, and lagging federal support for Pell Grants have shifted costs to students and left you chronically underfunded,” Cardona said, referencing HBCUs, Hispanic-serving institutions and others that serve marginalized populations.

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