Financial Aid

Student Loan Debt Is a Major Problem for Large Numbers of HBCU Students

The data shows that 80 percent of all students at HBCUs borrow money under federal student loan programs. One quarter of all HBCUs graduates had student loan debt of more than $40,000. This is four times the rate of non-HBCU graduates.

Yale’s Jackson Institute Offers New Fellowships for African Students

The Jackson Institute currently enrolls about 25 students in its master's degree program in global affairs. About half of these students are from outside the United States. Two new fellowships will be available for African students or others who have shown an interest in studying Africa.

New Fellowship to Aid Black Students at the Harvard Graduate School of Design

The Philip Freelon Fellowship Fund at the Harvard Graduate School of Design will be used to provide financial aid to African Americans and students from other underrepresented groups who are pursuing graduate degrees in design.

Florida A&M University Launches New Effort to Recruit and Retain Top Students

The FAMU Foundation Board of Directors approved the $5 million initiative to help the university increase its graduation rate, enhance academic programs, and recruit top talent.

The Huge Racial Gap in Debt for College Graduates

Four years after they graduate from college, Black students have an average debt load that is $25,000 more than White students who had graduated from college four years earlier. And the amount of debt held by African American college graduates, when adjusted for inflation, has increased sixfold in the past 15 years.

New Federal Data on Pell Grant Participation and Median Income of Recipients

The U.S. Department of Education recently released a new report on participation in the Pell Grant program. The need-based program provides up to $5,815 annually in federal funds for college students.

Syracuse University to Address Its Drop in Student Enrollments From Underrepresented Groups

New data released by the university shows that there has been a significant drop in students of color from underrepresented groups. In 2015, students of color made up 28 percent of the entering class compared to 24 percent this year.

First Four Botstiber Scholars From Africa Arrive at Penn State

The four students from African nations have been awarded full scholarships at Penn State. The scholars will also receive mentoring and internship opportunities. The first cohort includes two students from Ghana and one each from Rwanda and Zimbabwe.

Tracking African American Progress in Higher Education

A new 188-page report from the U.S. Department of Education offers a wide-ranging summary of most of the important educational statistics on enrollment, financial aid, graduation rates, degree attainments etc. as they pertain to race all in one place.

Endowed Scholarship Fund at Jackson State Honors Former Political Science Professor

Jackson State University in Mississippi has created an endowed scholarship fund in honor of Charles Holmes, the former professor and chair of the department of political science in the College of Liberal Arts.

Study Finds Large Racial Disparity in Student Loan Debt

Research conducted at Center for Social Development at Washington University in St. Louis found that low-to-moderate income Black students and graduates accrue on average $7,721 more student debt than their White counterparts.

University of Colorado Honors Its First Black Faculty Member and First Black Librarian

The Charles and Mildred Nilon Scholarship will be offered to students who "are committed to advancing educational opportunities in under-resourced schools, especially those that serve African American communities."

Northwestern University Launches New Scholarship Program for Transfer Students

Under the program, students who graduate from one of the City Colleges of Chicago who are admitted to Northwestern to complete their bachelor's degree, will be eligible for up to $50,000 per year in scholarship money.

Howard University Issues Tuition Rebates to Students Who Graduated Within Four Years

Howard University, the historically Black research university in Washington, D.C., has issued a 50 percent rebate on the last semester's tuition for students who completed their degrees in the traditional four-year time frame.

Tavis Smiley Gives Back to His Alma Mater

The author and television and radio broadcaster has established a new scholarship at the School of Public and Environmental Affairs that will be earmarked for African Americans with preference given to those who are the first in their family to attend college.

New Opportunities for Minority Graduate Students at the University of Southern California

The Graduate Initiative for Diversity, Inclusion and Access aims to increase the diversity of the student body in the graduate school at the university and to broaden academic support for underrepresented minority students.

The Racial Gap in Student Loan Debt Is Highest Among the Most Affluent Families

According to a new study, on average, an African American college graduate has 68 percent more debt than a White college graduate. But the racial gap in student loan debt is highest among affluent Black and White families.

University of California, San Diego Launches Black Academic Excellence Initiative

The goal of the initiative is to increase the number of Black students and faculty on campus and to make the campus environment more welcoming to African Americans. The latest Education Department data shows that Blacks make up just one percent of the undergraduate student body.

New College Scholarship Program to Honor Rev. Clementa Pickney

Rev. Pickney, who was a member of the state Senate in South Carolina, was murdered at the Mother A.M.E. Church in Charleston, South Carolina, along with eight other parishioners. A new $3.2 million fund honoring Rev. Pickney will provide scholarships for African American college students.

New $48 Million Scholarship Program for African Americans in STEM Fields

The Fund II Foundation of Austin, Texas, led by Robert F. Smith, founder and CEO of Vista Equity Partners, has teamed up with the United Negro College Fund to establish a $48 million scholarship program for African Americans in STEM fields.
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