Historically Black College and University Capital Financing Program

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Legislation, Regulations, and Guidance


The Higher Education Opportunity Act (Public Law 110-315) (HEOA) was enacted on August 14, 2008. This law reauthorizes and extends the Higher Education Act of 1965, as amended. The Higher Education Act (HEA) provides the statutory authority for most of the programs administered by OPE, as well as for the Federal Student Aid Programs.

The HEOA includes changes to many existing programs and also authorizes a number of new programs. We will post information on this new legislation as it becomes available.

The link below provides the program statute in effect until the enactment of the Higher Education Opportunity Act.



The program is governed by an agreement between the Department of Education and the Designated Bonding Authority (DBA).

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Last Modified: 03/11/2011