Oakwood future initiative: expanding infrastructure, capacity, and student readiness

The Department of Education Office of Postsecondary Education awarded Oakwood University, Inc. one million dollars on October 1, 2025, under the Higher Education Institutional Aid program (CFDA 84.031) to support the Oakwood Future Initiative: Expanding Infrastructure, Capacity, and Student Readiness. The award is a Project Grant with an obligated amount of one million dollars and a period of performance extending through September 30, 2027. Work is performed in Huntsville, Alabama. The Higher Education Institutional Aid program supports eligible colleges and universities in strengthening management and fiscal operations and in planning, developing, or implementing activities including endowment building to strengthen academic quality. Oakwood University, a historically Black, Seventh-day Adventist private institution, qualifies as an eligible applicant under the program's criteria for institutions with low average per full-time equivalent educational and general expenditures and substantial student enrollment in federal need-based financial aid programs.