- Keep students on track to graduate: A record $62 billion has been earmarked for investments in effective strategies that help keep college students on track to graduate and achieve their degree. This would be a huge win for students who struggle to stay in school because of financial constraints, family obligations, and having to juggle multiple low-paying jobs. This portion of the plan would be further supported by a variety of wraparound services ranging from childcare to faculty and peer mentoring.
- Support underfunded institutions primarily serving Black Indigenous and other people of color: Biden’s plan acknowledges the huge disparity in funding that has plagued colleges and universities that serve mostly minority students. Under this plan, Historically Black Colleges and Universities, Tribal Colleges and Universities, and institutions such as Hispanic, Asian American, Native American Pacific Islander, and other minority-serving institutions stand to receive $46 billion. In addition, families that make under $125,000 would receive two additional years of tuition subsidies.
- Expand Federal Pell Grant: The plan includes an $80 billion commitment to expand the Pell Grants, doubling the current maximum grant award. As noted in the plan, “Among students of color, nearly 60 percent of Black, half of American Indian or Alaska Native, almost half of Latino, and over one-third of Native Hawaiian or Pacific Islander students rely on Pell Grants to pay for college.”

