Philander smith university (arkansas) - title III part f - future act grant 2025-2030

The Department of Education Office of Postsecondary Education awarded Philander Smith University one million dollars on October 1, 2025, under the Higher Education Institutional Aid program (CFDA 84.031), with performance period running through September 30, 2027. The award is a Project Grant supporting Title III Part F Future Act funding to strengthen the institution's management and fiscal operations and plan, develop, or implement activities to enhance academic quality. Philander Smith University, a private historically Black college located in Little Rock, Arkansas, will execute the award through its Fiscal Affairs Division. The program targets eligible institutions of higher education with low average per full-time equivalent educational and general expenditures and substantial percentages of students receiving Pell Grants or other federal need-based financial aid. Recipients must retain grant records for three years after the end of the fiscal year during which expenditures were made and remain subject to federal audit during the grant term and within three years after termination of federal support.