Higher Educationand National Affairs - Volume XV - Number 31 - Senate Subcommittee Approves $4.4 Billion Higher Education Aid Program

Sep 21, 2026

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September 16, 1966 briefing from Higher Education and National Affairs reports that the Senate Education Subcommittee approved a $4.4 billion higher-education aid program. The legislation amends the Higher Education Act of 1963 and extends it for three years, contained in H.R. 14644 and S. 3047. Key provisions include Title I grants for construction, revised minimum and maximum federal shares, graduate facility funding, and increased construction loans under Title III. It also covers student loans under NDEA, including an optional revolving-fund plan and disability-related amendments, plus updated totals for fiscal years 1967–1969.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages8

Reading Time20 min

AccessFree to download

Major provisions approved in executive session

Title I: grants for construction of undergraduate facilities

Federal contribution requirements and maximum shares

Title I graduate facilities grants

Title III construction loans and state share limits

Developing institutions funding

State commissions administration and planning

Title II student loans and optional revolving-fund program

Amendments for handicapped persons

Totals approved by the subcommittee (House figures in parentheses)

Council meeting notice: attendance, theme, and keynote information

Volume XV,Number 31 Higher Education ProgramOf $4.4 Billion ApprovedBy Senate Subcommittee Higher EducationandNational Affairs American Council on Education·1785 Massachusetts Avenue,N.W.,Washington 36,D.C. September 16,1966 The Senate Education Subcommittee Sept.13 approved a $4.4 bil-lion program of aid to colleges and universities.Funds author-ized for all purposes would provide $452 million more for fiscalyear 1967 than the amounts approved by the House.The legisla- tion,which would amend the Higher Education Act of 1963 and extend it for three more years,is contained in the two bills H.R.14644 and S.3047. Following are the major provisions approved by the subcommittee in executive session: 1.Title I,providing grants for the construction of undergraduate facilities,would bedivided into two parts:one for four-year institutions and one for junior colleges.Amountsauthorized for four-year institutions were $420 million for fiscal year 1967,$546 millionfor 1968,and $702 million for 1969.Authorized for junior colleges were $140 million for1967,$182 million for 1968,and $234 million for 1969. 2.The subcommittee voted to establish a minimum Federal contribution of one-thirdfor four-year institutions and 40 percent for two-year institutions.This minimum may bewaived at the request of a state commission.In addition,the subcommittee voted to increasefrom one-third to one-half the maximum Federal share for each construction grant to a four-year institution,and to 60 percent the maximum Federal share for junior colleges. 3.Grants for graduate facilities,under Title I,were authorized at $120 million eachfor 1967,1968 and 1969.The subcommittee also voted to increase the maximum Federalshare from one-third to one-half.No minimum was placed on the Federal share. 4.Construction loans,under Title III,were increased from $200 million in the Houseversion to $400 million for each of the three fiscal years.It is estimated that sales of par-ticipations this year may provide an additional $100 million.The maximum share whichany one state could receive in Title III funds was increased from 12-1/2 to 15 percent. 5.Amounts authorized for developing institutions were increased from $30 million to$55 million for each of the three years. 6.For state commissions'administration and planning purposes,a maximum of$7 million for each of the three fiscal years was authorized. 7.The direct authorization for student loans in Title II of the National Defense Edu-cation Act was raised from the present $190 million for fiscal year 1967 and $195 millionfor fiscal year 1968 to $220 million and $225 million respectively.In addition,a revolvingfund would be established from which institutions could obtain loans to capitalize studentloan funds.Under the plan (see Bulletin,Vol.XV,No.23),colleges desiring to do so couldobtain their student loan funds in the form of a loan from the U.S.Commissioner of Educa-tion,instead of a Federal capital contribution.Institutions obtaining a loan would be relieved of their present obligation to provide one-ninth matching funds,but would still be liable forten percent of any collection losses.Notes executed by institutions for the loans would bepooled and sold through the Federal National Mortgage Association to private investors.Proceeds then would go into a revolving fund from which additional loans could be made.Anauthorization of $30 million was voted to launch this optional program. 8.Two amendments,relating to handicapped persons,were approved.One would pro-vide 100 percent student loan forgiveness for persons who teach the handicapped,and theother would provide that facilities constructed with the use of Federal funds 'shall be,tothe extent appropriate in view of the uses to be made of the facilities,accessible to andusable by handicapped persons." The higher education amendments next will be taken up by the Senate Labor and PublicWelfare Committee. Following are the totals approved by the subc

FAQs

What program size did the Senate Education Subcommittee approve for higher education aid?

The subcommittee approved a $4.4 billion program of aid to colleges and universities.

Which bills contain the higher education amendments described in the briefing?

The legislation is contained in the two bills H.R. 14644 and S. 3047.

What changes were made to student loans under the National Defense Education Act?

The direct authorization for student loans in Title II was raised for fiscal years 1967 and 1968, and an optional revolving fund program was established for institutions to obtain loans and adjust matching requirements.

Sep 21, 2026

Uploaded by Hazel