Historically Black College and University Capital Financing

A1: Funds are apportioned with the understanding that (1) ED will submit a spending plan to OMB within 30 calendar days of this apportionment, which will include the following information: a table showing obligations by object classification made as of the date of submission to OMB and estimated to be made by the end of the fiscal year, the discernable costs of completed and anticipated VERA/VSIP and RIF actions during Fiscal Year 2025, and a description of how the spending plan compares with the Agency’s reorganization plan; and (2) ED will update the spending plan as necessary to accurately reflect the information obtained during the fiscal year, and will submit such updated spending plan to OMB no later than five business days before any anticipated obligations pursuant to those updates. [Rationale: OMB requests additional information on programmatic spending for some or all of the apportioned funds.]

A2: As permissible by law, amounts apportioned shall be obligated in a manner consistent with the directives provided in the following: Executive Order 14151, "Ending Radical And Wasteful Government DEI Programs And Preferencing." [Rationale: Footnote specifies the purpose(s) for which the funds are available to be obligated.]