To finance the study, the state received $200,000 in grants from two foundations.
Thirteen leading universities were selected for the program and each received more than $2 million in grants.
The project also received an additional $10 million in federal matching grants and was completed in 1980.
The College has already received over $2 million in grants for research and startup costs.
New Eyes received $35,000 in grants during the 1990s.
In 2012, the Institute received more than $225 million in grants and contracts.
The board, he said, had received $2 million in grants to improve schools but had failed to spend $800,000.
From 2003 to 2007, the Center received about $15 million in grants from 58 foundations.
During the 2009-2010 school years, for-profit colleges received almost $32 billion in grants and loans provided to students under federal student aid programs.
Pact's income from donations was £59,056 and it received a further £38,234 in grants.