|
|
|
|
== Funding ==
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. The Upward Bound Program selects those universities and organizations who receive grant funding based on theretheir competitive criteria: Those applicants who demonstrate a Rationale; Applicants who meet student’s social, emotional, and academic needs; and strengthens cross-agency coordination and community engagement to advance systematic change.<ref>{{Cite web |date=December 16, 2021 |title=Applications for New Awards; Upward Bound Program |url=https://www.federalregister.gov/documents/2021/12/16/2021-27235/applications-for-new-awards-upward-bound-program |access-date=April 29, 2022 |website=Federal Register: The Daily Journal of The United States of America}}</ref> Upward Bound grants are results-based, with the level of success determined largely from highly structured annual reports compared to grant objectives. As of [[Fiscal year|Fiscal Year]] 2020, Upward Bound had an annual budget around $352,000,000.<ref name="UB-Funding">{{cite web |date=2011-02-17 |title=Funding Status - Upward Bound Program |url=http://www2.ed.gov/programs/trioupbound/funding.html |url-status=live |archive-url=https://web.archive.org/web/20111003001531/http://www2.ed.gov/programs/trioupbound/funding.html |archive-date=2011-10-03 |access-date=2011-02-28 |publisher=.ed.gov}}</ref><ref name="UB-Eligibility" />
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 [https://www.sec.gov/edgar/about EDGAR] and [[OMB Circular A-21]] financial guidelines.
|
