Hispanic-Serving Community Colleges enroll and educate a large share of Hispanic postsecondary students. Due to work trends and demographic changes, Hispanic and other historically underrepresented students play a crucial role in shaping the next generation of Science, Technology, Engineering, and Math (STEM) scholars and practitioners. We use data from the National Center for Education Statistics and a difference-in-differences technique to estimate the association between federal capacity building grants aimed at improving STEM degree attainment outcomes and associate degree completion. We find receipt of a Title III grant was associated with about a 30% increase in the total number of STEM associate degrees awarded. Further, the grants nearly doubled the number of STEM associate degrees awarded to Hispanic students, on average. This positive relationship is driven by institutions receiving more than one grant. We conclude by discussing these findings and providing federal and institutional recommendations.