Financial Aid

Stillman College Cuts Tuition in an Effort to Boost Enrollment

Stillman College, the historically Black educational institution in Tuscaloosa, Alabama, has announced that the annual cost of tuition and room and board would be reduced from $22,500 to $17,500 beginning in the fall.

School Shooting Victim Gets Full Scholarship to Kentucky State University

On September 30, 2014, Javaughntay Burroughs, a sophomore honor roll student at Fern Creek High School in Louisville, Kentucky, was hit by an errant bullet while walking to his fifth-period class.

Ranking the HBCUs on the Debt Levels of Their Graduates

The average debt level of college graduates in 2013 was $28,400. But some HBCUs are among the schools where students have the lowest average debt and some are among the schools with the highest debt level for graduating students.

Alcorn State University Offers In-State Tuition Rates for All Students

In an effort to boost enrollments, Alcorn State University in Mississippi has abolished its dual tuition schedule. Now all students who enroll at the historically Black university will pay the same price, regardless of their state of residence.

Pew Research Center Study Shows a Widening Racial Wealth Gap

A widening racial wealth gap impedes the ability of Black families to pay for the college education of their children and grandchildren. Since the Great Recession, the racial wealth gap has expanded significantly.

Princeton University Seeks More Low-Income Students

Princeton will expand its partnership with Leadership Enterprise for a Diverse America and enhance its Freshman Scholars Institute, a summer bridge program for low-income students who plan to major in STEM disciplines.

New Credit Standards Issued for Parent PLUS Loan Program

Johnny C. Taylor Jr., president of the Thurgood Marshall College Fund, estimates that since 2011, 28,000 students at the nation's historically Black colleges and universities were negatively impacted by the Education Department decision to tighten credit standards.

Blacks at For-Profit Colleges: Poor Outcomes and Large Amounts of Debt

Blacks make up a disproportionate percentage of students at for-profit schools and only 20 percent complete their degree programs. Many take on large amounts of debt that they can't easily repay.

Survey Finds Large Racial Differences in Student Loan Debt

According to the Gallup survey, only 22 percent of Black students who graduated college in the 2000-to-2014 period did so without any student loan debt. Half of all Black students who earned their degree in the period had student loan debt of more than $25,000.

University Innovation Alliance Aims to Help Low-Income Students Earn a College Degree

The alliance of 11 large public research universities says that it will test and disseminate proven innovations in education so college and universities across the country can be more successful in retaining and graduating all students, including those from low-income families.

New Scholarship Program Looks to Help Auburn’s African American Students

The War Eagle Society, a group of Black alumni and faculty at Auburn University in Alabama, has established the War Eagle Society Endowment for PLUS Scholarships.

New Scholarship Program for Minority Students at Youngstown State University

Dr. Joan J. Boyd, professor emerita at Youngstown State University in Ohio, and her husband have established a scholarship fund at the university for underrepresented minority students interested in pursuing a career in health, medicine, or clinical laboratory science.

UNCF Receives $25 Million From Conservative Group

The grant will consist of $18.5 million that will be earmarked for 3,000 merit-based scholarships for African American undergraduate, graduate, and post-doctoral students and $6.5 million to support the United Negro College Fund and its member institutions.

New Program Provides Significant Aid for Minority Ph.D. Students in STEM Fields

Using a grant from the Alfred P. Sloan Foundation, 24 minority students at the University of Iowa will receive $40,000 scholarships over the next three years. The university will provide an additional $10,000 to the 24 students.

Nine African Americans Awarded Truman Scholarships

This year, 59 Truman scholars were selected from 655 candidates nominated by 294 colleges and universities. Of this year's 59 Truman Scholars, it appears that nine are African Americans.

Wake Forest University to Offer Graduate Opportunities in Business for Ron Brown Scholars

Under the agreement, one Ron Brown Scholar will receive a full tuition scholarship and a $10,000 stipend to enroll in the 10-month master in management program at Wake Forest.

Will the Federal Government Challenge Merit-Based College Scholarship Programs?

Many scholarship programs nationwide have minimum test score requirements that, while not discriminatory on their face, have the effect of disproportionately excluding large percentages of Black and other minority students.

North Carolina A&T State University Gets Permission to Enroll More Out-of-State Students

Enrolling more out-of-state students can help state universities financially. Tuition at North Carolina A&T State University for students from outside of North Carolina is about triple that paid by in-state students.

Racial Differences in Educational Funding for Doctoral Recipients

According to data on students who earned doctoral degrees in 2012, nearly 40 percent of African American doctoral recipients funded their education through their own resources compared to 21 percent of Whites.

Racial Differences in Educational Debt Levels for Doctoral Students

Blacks who earned doctorates in 2012 had an average of $54,132 in debt from educational loans. Whites who earned doctorates had average educational debts of $25,992.
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