Inside Higher Education is reporting that the FUTURE Act, which would provide permanent federal funding for Historically Black Colleges and Universities (HBCUs) as well as simply the Free Application for Federal Student Aid (FAFSA), is receiving bipartisan support. However, there are rumors of some concerns about the bill within the House of Representatives, and prospects for a full reauthorization of the Higher Education Act remain uncertain.
From Inside Higher Education: "The funds for HBCUs and minority-serving institutions would come from an estimated $2.8 billion in cost savings over 10 years from the simplification of the FAFSA, which could reduce improper payments and administrative costs in the student aid system."
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