Friday, September 28, 2007

$17.2 Million Awarded in Grants to Help Hispanic-Serving Institutions

$17.2 Million Awarded in Grants to Help Hispanic-Serving Institutions: U.S. Secretary of Education Margaret Spellings today announced the award of 30 new grants totaling $17.2 million to benefit colleges and other postsecondary schools that enroll a high percentage of Hispanic students.

'Thanks to No Child Left Behind, the achievement gap is closing for Hispanic students and academic progress is on the rise,' Spellings said. 'At the higher education level it's a different story where Hispanic students still lag behind their peers in earning a post-secondary credential. This program will ensure that Hispanic students have access to quality programs at the higher education level to improve their opportunities for success beyond school.'

Grants are awarded under the Developing Hispanic-Serving Institutions program to expand educational opportunities and improve the educational attainment of Hispanic students. The purpose of the grants is to improve the academic quality, institutional stability, management, and fiscal capabilities of eligible institutions. Funds may be used for a variety of activities, such as: faculty development, curriculum development, scientific or laboratory equipment, construction and renovation of instructional facilities, academic tutoring, counseling and student support services.