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Code · U.S. Code · Title 20 - EDUCATION · CHAPTER 28— HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE · SUBCHAPTER III— INSTITUTIONAL AID · § 1066

§ 1066. Findings

535 words·~2 min read·/usc/title-20/section-1066

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Congress finds that—
(1)a significant part of the Federal mission in education has been to attain equal opportunity in higher education for low-income, educationally disadvantaged Americans and African Americans;
(2)the Nation’s historically Black colleges and universities have played a prominent role in American history and have an unparalleled record of fostering the development of African American youth by recognizing their potential, enhancing their academic and technical skills, and honing their social and political skills through higher education;
(3)the academic and residential facilities on the campuses of all historically Black colleges and universities have suffered from neglect, deferred maintenance and are in need of capital improvements in order to provide appropriate settings for learning and social development through higher education;
(4)due to their small enrollments, limited endowments and other financial factors normally considered by lenders in construction financing, historically Black colleges and universities often lack access to the sources of funding necessary to undertake the necessary capital improvements through borrowing and bond financing;
(5)despite their track record of long-standing and remarkable institutional longevity and viability, historically Black colleges and universities often lack the financial resources necessary to gain access to traditional sources of capital financing such as bank loans and bond financing; and
(6)Federal assistance to facilitate low-cost capital basis for historically Black colleges and universities will enable such colleges and universities to continue and expand their educational mission and enhance their significant role in American higher education.
(Pub. L. 89–329, title III, § 341, formerly title VII, § 721, as added Pub. L. 102–325, title VII, § 704, July 23, 1992, 106 Stat. 741; renumbered title III, § 341, Pub. L. 105–244, title III, § 301(a)(3), (4), Oct. 7, 1998, 112 Stat. 1636.)
Connections65 cite this · traces to 2
Cited by 65 sections · top 47
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22 references not yet in our index
  • Pub. L. 89–329, title III, § 341
  • Pub. L. 102–325, title VII, § 704
  • 106 Stat. 741
  • Pub. L. 105–244, title III, § 301(a)(3)
  • 112 Stat. 1636
  • section 1132c of this title
  • Pub. L. 105–244
  • Pub. L. 89–329, title III, § 351
  • Pub. L. 99–498, title III, § 301(a)
  • 100 Stat. 1302
  • section 391 of Pub. L. 89–329
  • Pub. L. 105–244, title III, § 301(a)(2)
  • Pub. L. 96–374, title III, § 301
  • 94 Stat. 1396
  • Pub. L. 99–498
  • Pub. L. 89–329, title IV, § 406
  • 79 Stat. 1234
  • Pub. L. 90–575, title I, § 101(b)(2)
  • 82 Stat. 1017
  • Pub. L. 92–318, title I, § 131(b)(1)
  • 86 Stat. 247
  • section 2 of Pub. L. 102–325
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§ 1066
Findings
Bills×36
Stat.×16
U.S.C.×5
C.F.R.×3
Pub. L.×2
Stat. Comp.×2
Fed. Reg.×1
Pub. L.Pub. L. 89–329, title III, § 341
Pub. L.Pub. L. 102–325, title VII, § 704
Stat.106 Stat. 741
Pub. L.Pub. L. 105–244, title III, § 301(a)(3)
Stat.112 Stat. 1636
Cites 24 · showing 7Cited by 65 across 7 sources
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