Distribution of interest earned in 2022 from the 1994 endowment fund to the individual 1994 institutions

This $244,908.08 Formula Grant award from the United States Department of Agriculture's National Institute of Food and Agriculture (USDA-NIFA) under the Tribal Colleges Endowment Program (CFDA 10.222) provides funding for the distribution of interest earned in 2022 from the 1994 Endowment Fund to the individual tribal college and university 1994 Institutions. The 1994 Institutions, also known as Tribal Land-Grant Colleges, were established by the Equity in Educational Land-Grant Status Act of 1994 to enhance educational opportunities in food and agricultural sciences. This funding supports the designated 1994 Land Grant Institutions, such as Navajo Technical University, in strengthening their teaching programs in these targeted need areas.

Title v part c of the improving americas schools act of 1994 public law 103-382 (october 20 1994) cited as "equity in educational land-grant status act of 1994" provides that certain tribal colleges designated as "1994 institutions" receive various benefits. These include contributions by the federal government to an endowment fund the interest income from which is distributed to the 1994 institutions.