The Trump administration shared the news in a social media post, but a Penn spokesperson said the institution hasn’t received “official notification.”
The increase is a “powerful vote of confidence” in the higher education sector, according to the Council for Advancement and Support of Education’s CEO.
The agency must also reinstate canceled grants to the members of AACTE and two other educator preparation groups that sued.
The directive comes on the heels of U.S. Education Secretary Linda McMahon's decision to gut half the agency as its "final mission.”