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Content provided by the Catalog of Federal Domestic Assistance
15.028 Tribally Controlled Community College Endowments FEDERAL AGENCY: BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR AUTHORIZATION: Tribally Controlled Community College Assistance Act, Public Law 95-471, 25 U.S.C. 640c - 1(c); 25 U.S.C. 1815.
To provide grants to establish endowments for the Tribally Controlled Community Colleges. TYPES OF ASSISTANCE:
USES AND USE RESTRICTIONS: Funds are to be used to establish endowments. Interest earned on the invested funds may be used to defray expenditures associated with the operation of the College including maintenance, administration, academic and support costs, and community and student services programs. No part of the net earnings of the trust fund may be used to benefit any private person. ELIGIBILITY
REQUIREMENTS: Applicant Eligibility: Colleges chartered by Federally Recognized Indian Tribes which are governed by an Indian board of directors, are in operation more than one year, admit students with a certificate of graduation from a secondary institution or equivalent, provide certificates, associate, baccalaureate and graduate degrees.
Pre-application Coordination: This program is excluded from coverage under E.O. 12372. ASSISTANCE CONSIDERATIONS: Formula and Matching Requirements: The Colleges must match an endowment grant with a capital contribution equal to half of the amount of the Federal contribution. Personal or real property received as a donation or gift may be applied toward the matching requirement. POST ASSISTANCE REQUIREMENTS: Reports: OMB 1076-0105, Annual Report. FINANCIAL INFORMATION: Account Identification: 14-2100-0-1-501.
Twenty-five Tribally Controlled Community Colleges received endowments grants. REGULATIONS, GUIDELINES, AND LITERATURE: 25 CFR, Part 41. INFORMATION CONTACTS: Regional or Local Office: See Education Line Officers' addresses in Catalog Appendix IV of the Catalog. EXAMPLES OF FUNDED PROJECTS: Using interest earnings from the endowment, a distance learning program utilizing satellites was established in one college and social science laboratories were updated. CRITERIA FOR SELECTING PROPOSALS: Applicants meeting eligibility criteria are funded.
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State Money
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Federal Money
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Private Money
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Low Cost Colleges
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