The Department of Education Office of Postsecondary Education awarded Alcorn State University $1.947 million on October 1, 2025, under the Higher Education Institutional Aid program (CFDA 84.031), Part F—Fostering Undergraduate Talent by Unlocking Resources for Education (FUTURE) Grant. The award supports activities to strengthen institutional management and fiscal operations and plan, develop, or implement activities including endowment building to strengthen academic quality at this historically Black college and university. The performance period runs through September 30, 2027, with work performed in Lorman, Mississippi.