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HEA 101: Title V - Hispanic Serving Institutions |
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| Statutory language |
Part A – The undergraduate HSI grant program under Title V was reauthorized and the authorization for funding was raised from $62,500,000 for FY 1999 to “$175,000,000 for fiscal year 2009 and such sums as may be necessary for each of the 5 succeeding fiscal years.” (Actual funding is subject to the annual appropriations process.) (Sections 501-505)
A new “Part B--Promoting post baccalaureate opportunities for Hispanic Americans” was created to promote the development or enhancement of graduate programs at HSIs. The authorization level was set at $100 million for FY 2009 “and such sums as may be necessary for each of the five succeeding fiscal years.” Again actual funding is subject to annual appropriations. (Section 502)
However, $69 million for six years was mandated as authorized appropriated dollars for the Title V postgraduate program, i.e. $11.5 million is already committed annually.
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