Students of color continue to experience disparities in enrollment, retention and completion of postsecondary education -- a reality that's been exacerbated by the COVID-19 pandemic. In light of persistent and systemic inequities, policymakers are increasingly interested in exploring funding approaches that support greater access and attainment to postsecondary education for students of color. Following interviews with postsecondary leaders from four states, this Policy Brief provides an overview of policy mechanisms to fund postsecondary education and highlights perspectives of postsecondary leaders on how equity and funding intersect in policy and practice.