Dive Brief:
- The U.S. Department of Education has awarded $75 million to 24 colleges and universities that are developing ways to expand access to higher education, improve student learning, and cut costs.
- The new "First in the World" grant program received nearly 500 applications.
- The 24 winners come from 17 states and include five two-year colleges and six minority-serving institutions, the Department of Education reported.
Dive Insight:
The grants are for four years, and the Department of Education is asking for $100 million for the grant program in the fiscal 2015 budget. The largest grants went to Southern New Hampshire University ($3,953,360), Arizona State University ($3,999,955), Northeastern University ($3,920,926), and the College of New Rochelle ($3,998,781).