AAU welcomes President Biden’s FY24 budget request, and we appreciate that it includes increases for many of our priorities in research and education. In particular, we laud its increase to the annual maximum Pell Grant award to $8,215 and its proposal to provide $21 billion in discretionary funding necessary to implement Department of Energy and National Science Foundation programs authorized by the bipartisan 2022 CHIPS and Science Act.
Robust and sustained funding for students and science helps equip our nation to remain competitive and secure to address future challenges. We look forward to working with the administration and Congress on a final funding package for FY24 which prioritizes investments in research and education.
# # # # #
Founded in 1900, the Association of American Universities is composed of America’s leading research universities. AAU’s 65 research universities transform lives through education, research, and innovation.
Our member universities earn the majority of competitively awarded federal funding for research that improves public health, seeks to address national challenges, and contributes significantly to our economic strength, while educating and training tomorrow’s visionary leaders and innovators.
AAU member universities collectively help shape policy for higher education, science, and innovation; promote best practices in undergraduate and graduate education; and strengthen the contributions of leading research universities to American society.