New Scholarship Program to Benefit Students at HBCUs Studying Finance

The American College of Financial Services has launched a new effort with the goal of increasing the racial diversity of the financial services workforce. According to the college, only 8 percent of financial services officers have African ancestry.

The College has committed to awarding at least 25 scholarships to African Americans with 15 dedicated to students from historically Black colleges and universities. Students who have completed their sophomore year, and are enrolled and in good academic standing at any four-year, bachelor’s degree-granting HBCU are eligible to apply for an HBCU Scholarship.

George Nichols III, president and CEO of The American College of Financial Services, stated that “HBCUs have played a key role in the fight for racial equality and are stewards of Black intellectual thought leaders and professionals.” Nichols was the first African-American insurance commissioner for the Commonwealth of Kentucky and the first African-American president of the National Association of Insurance Commissioners. He holds a bachelor’s degree from Western Kentucky University and a master’s degree from the University of Louisville.

“One of the ways The College can increase diversity in the financial services profession is to start by inspiring the next generations of professionals,” added Deborah Eskridge Glenn, vice president of administration and chief human resources officer at The American College of Financial Services. “This kind of engagement starts at the undergraduate level when students are still considering their career options. Partnering with HBCUs can help us reach the next generation of Black leaders.”

More about the HBCU scholarship program can be found here.

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Elizabeth City State University Partners With the University of Tennessee Health Science Center to Increase Representation of Black Graduate...

"We are excited by this partnership with UT Health Science Center and the opportunities this brings to our students who wish to pursue advanced degrees," said Kuldeep Rawat, dean of the Elizabeth City State University School of Science, Health and Technology.

Kimberly White-Smith Honored for Outstanding Contributions to Teacher Education

“Through her leadership and scholarship, Dr. White-Smith inspires a new generation of teachers to serve students and approach their work with equity, compassion, and respect,” said Gail F. Baker, provost and senior vice president at the University of San Diego. 

South Carolina State University Adds Concentration in Fire Protection Engineering for Civil Engineering Students

The civil engineering degree program at historically Black South Carolina State University has established a concentration in fire protection engineering. The program was developed with guidance from Savannah River Nuclear Solutions.

Five Black Leaders Appointed to Administrative Positions

Taking n new administrative roles are Keith Humphrey at the University of Memphis, DeMarcus Hopson at Georgetown College in Kentocky, Sonja Brown at Fayetteville State University, Denisha Hendricks at Johnson C. Smith University, and CJ Charlton at Delaware State University.

Featured Jobs