Thurgood Marshall College Fund (TMCF), the nation’s largest organization exclusively representing the Black College Community, recently applauded Speaker Nancy Pelosi’s plan that would allocate $1.5 Billion in emergency Title III and Title V Aid to Historically Black Colleges and Universities (HBCUs), Predominantly Black Institutions (PBIs) and other Minority Serving Institutions (MSIs) amid the coronavirus outbreak.

In a statement, TMCF said that the announced Senate bill last week, which failed to advance, included “some helpful regulatory and payment relief for institutions, but simply does not do enough to provide financial relief for schools.”

“The combination of an injection of desperately needed emergency aid, and the loosening of restrictions on both new and previously appropriated Title III funds will allow schools to both recover some of their financial losses and give them the flexibility to best serve students in this uncertain time,” the statement reads.

In these times of uncertainty, TMCF said that they “strongly encourage” opposing political parties to find common ground through comprising in order to properly fund the country’s 100-plus HBCUs and the students that these “critically important” institutions serve.