A new report by Rebecca Perdomo, Senior Research Associate at Rutgers CMSI, details the sweeping impact of the Trump Administration’s September 10, 2025, decision to end discretionary funding for Minority Serving Institution (MSI) programs. Hispanic Serving Institutions (HSIs), colleges and universities where at least 25 percent of undergraduates are Hispanic, face a $458,985,568 loss in funding across three major programs.