1994 Institutions Endowment Fund
U.S. Department of Agriculture
What is 1994 Institutions Endowment Fund?
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.
Administration
1994 Institutions Endowment Fund is administered by U.S. Department of Agriculture.
Program Requirements
To be eligible to participate in this benefit program, applicants must be accredited and legislatively designated 1994 Land-Grant Institutions.
Application Details
What is the application process for 1994 Institutions Endowment Fund?
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.