1994 Institutions Endowment Fund
- Listed: January 5, 2019 5:32 pm
- Expires: 998393 days, 8 hours
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An interest distribution earned on an invested corpus to all eligible 1994 Land-Grant Institutions. Provides funding for institutional development to support food, agriculture and the mechanic arts. Educational activities, facility construction and renovation, student recruitment and retention, faculty hiring and development are all allowable expenditures.
Only accredited 1994 Land-Grant Institution as authorized by Congress.
NIFA issues a letter of credit for a specific amount for each eligible 1994 institution based on a formula. The formula is set by Congress and is based in part on American Indian enrollment as reported to the American Indian Higher Education Consortium – AIHEC. Recipients are asked to report on funding expenditures and accomplishments.
|Current Method of Tribal Eligibility||1. Congressional authorization 2. Accreditation by national higher education organization|
|Can the funding from the program be renewed||An annual distribution|
|Funding Type||Endowment Distribution|
|Matching Funds Required||No|
|Do Tribes compete with other entities for funding from the program?||No|
|Tribes Funded by this Program||34|
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