History
The program was launched in 1965 after the enactment of the Higher Education Act of 1965. It has an annual budget around $250,000,000. Grants are usually made to institutes of higher education (universities), but some awards have been made to other non-profit organizations such as tribal organizations. Each award made averages $4,691 per participant, with the most common award providing $220,000 per grantee in 2004 and $250,000 in 2007. Awards are for four or five years and are competitive. The law providing for Upward Bound is 34 CFR Ch. VI Pt. 645. As federal education grants, Upward Bound awards fall under EDGAR and OMB Circular A-21 financial guidelines.
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Famous quotes containing the word history:
“The second day of July 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival. It ought to be commemorated, as the day of deliverance, by solemn acts of devotion to God Almighty. It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations, from one end of this continent to the other, from this time forward forever more”
—John Adams (17351826)
“Free from public debt, at peace with all the world, and with no complicated interests to consult in our intercourse with foreign powers, the present may be hailed as the epoch in our history the most favorable for the settlement of those principles in our domestic policy which shall be best calculated to give stability to our Republic and secure the blessings of freedom to our citizens.”
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“The true theater of history is therefore the temperate zone.”
—Georg Wilhelm Friedrich Hegel (17701831)