Distribution of interest earned in 2023 from the 1994 endowment fund to the individual 1994 institutions

The Southwestern Indian Polytechnic Institute (SIPI) received a $134,932.61 Formula Grant award on September 27, 2024 from the U.S. Department of Agriculture's National Institute of Food and Agriculture (NIFA) under the Tribal Colleges Endowment Program (CFDA 10.222). This program provides annual formula grants to strengthen teaching programs in food and agricultural sciences at designated tribal Land Grant Institutions serving Native American communities. The funding will support SIPI's educational initiatives, including curriculum development, faculty preparation, and instructional delivery systems in academic areas relevant to Indigenous needs. As a 1994 Land Grant College, SIPI is one of the thirty-four tribal institutions eligible for this formula grant program, which distributes interest earned from a federal endowment fund established to enhance educational opportunities at these minority-serving institutions.

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.