H1048 - HBCU/HMSI Omnibus Summary

• Establishes permanent Completion Assistance Program providing up to $1,000 per academic year to North Carolina resident students at eight eligible UNC institutions (Elizabeth City State, Fayetteville State, N.C. A&T, N.C. Central, UNC Asheville, UNC Greensboro, UNC Pembroke, Winston-Salem State) with $8.5 million in recurring funding for 2024-2025.

• Creates Joint Legislative Study Committee on HBCU Infrastructure with 18 members to study campus building conditions, environmental threats, facility age, safety issues, and deferred maintenance by January 1, 2025.

• Appropriates $49.3 million in nonrecurring infrastructure funds for 2024-2025: Winston-Salem State ($15.1 million), Fayetteville State ($9 million), Elizabeth City State ($7.4 million), N.C. A&T ($5.3 million), and N.C. Central ($4 million).

• Establishes North Carolina Nursing Fellows Program at Winston-Salem State University providing forgivable loans up to $5,000 per semester for nursing students, with loan forgiveness for graduates employed as registered nurses in North Carolina for one year per year of enrollment; appropriates $2.5 million in recurring funds for 2024-2025.

• Expands Cheatham-White Scholarships to include Winston-Salem State University (previously only N.C. A&T and N.C. Central) with $6 million in recurring funding, and provides funding to private HBCUs including Johnson C. Smith ($7 million), Shaw ($4 million), Bennett College ($2.5 million), Livingstone College ($4 million), and Saint Augustine's University ($35 million).