Historically Black Colleges (HBC's) are identified as a key component of a responsive and diverse postsecondary education system. Continuing HBC leadership in promoting equal educational opportunity and in producing Black graduates is still seen as necessary in spite of the integration process. Recent achievements of these institutions include: expansion of curriculum offerings outside the traditional areas of education and social sciences, reflecting new career opportunities for Blacks; enrollment of 16 percent of the Blacks in higher education, and a third of the Blacks in those states in which the HBC's are located; awarding of over a third of all degrees awarded to Blacks nationwide, in 1975-76; and employment of over a third of the Black faculty and administrators/managers in higher education nationwide. Fiscal constraints and lack of government support are noted: (1) expenditures for fiscal year 1975 were 99 percent of revenues; (2) in 1975, library holdings were considerably less, per capita student, than for higher education overall; (3) HBC's rely more heavily on federal funding, and receive less state funding, than other institutions; (4) in fiscal year 1979 the HBC's received only 4.4 percent of federal funds obligated to higher education institutions; and (5) HBC's continue to receive a very small portion of federal funds obligated for research and development. Appended are a list of HBC's and newer predominantly Black colleges, the President's directive on Black colleges, and the advisory committee's membership list, charter, and staff list. (Author/MSE)