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.
Read more about this topic: Upward Bound
Famous quotes containing the word history:
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (1818–1883)
“The history of the past is but one long struggle upward to equality.”
—Elizabeth Cady Stanton (1815–1902)
“To care for the quarrels of the past, to identify oneself passionately with a cause that became, politically speaking, a losing cause with the birth of the modern world, is to experience a kind of straining against reality, a rebellious nonconformity that, again, is rare in America, where children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.”
—Mary McCarthy (1912–1989)