Bankhead–Jones Act of 1935
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Bankhead–Jones Act of 1935
The Bankhead-Jones Act was enacted on June 29, 1935 during the Depression, to provide increased federal funding to land grant colleges. Under the law as was last increased in 1972, $8,100,000 per year is divided equally between all states, and another $4,360,000 is divided between the states based upon each state's population.[1] These federal funds are subject to matching by the states.
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References
- ^ 7 U.S.C. §427
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