Financial Aid

Regent University Launches New Program to Further Increase Student Diversity

Under the new "Take 2 Through College" initiative, Regent University in Virginia Beach will partner with churches and community groups to mentor and sponsor Black and Latino students. Currently, African Americans make up about one quarter of the undergraduate student body.

Howard University Boosts Financial Aid for Students in Need

The university has added $600,000 to need-based financial aid programs for the current year. About 400 students, including some graduating seniors, will receive funds under the program.

Two African Americans Awarded Gilliam Fellowships

The Howard Hughes Medical Institute has chosen nine students for its 2013 Gilliam Fellowships for Advanced Study. The students receive $46,500 per year, for up to four years, for doctoral studies in the life sciences. Two of nine fellows are African Americans.

University of California Davis Seeks to Increase Diversity in Wine and Food Sciences

The University of California at Davis is holding an international wine tasting event to raise money for scholarships for minority students at its Ronald Mondavi Institute for Wine and Food Science.

Morehouse College Joins the Stamps Family Charitable Foundation Scholarship Program

The foundation now has 33 educational institution partners and supports nearly 300 high-achieving students at these institutions with full-ride scholarships. Morehouse is the first HBCU to benefit from the Stamps scholarship program.

New Scholarship for Minority Students Pursuing Degree Programs in Labor Studies at CUNY

Minority students who are selected to receive the scholarships will receive up to $20,000 for the last two years of undergraduate study or $30,000 for two years of graduate study.

New Auction Website Seeks to Raise Money for HBCUs

Earlier this month, Star Bright Donations began auctioning celebrity memorabilia on its website with at least 70 percent of the winning bid price being donated to an HBCU.

Princeton University Seeks to Expand Access for Low-Income Students

Princeton University has been a leader in making financial aid programs more favorable for low-income students. Now it will look at other ways to increase access to the university for low-income students.

SUNY Extends Financial Aid Program for Haitian Students

The board of trustees of the State University of New York has renewed authorization of a program that offers state resident tuition for students from Haiti through the spring semester of 2014.

New Hip-Hop Scholarships for Students at the University of Wisconsin

Two students will each receive four-year, full-tuition scholarships to the First Wave Hip Hop and Urban Arts Learning Community at the University of Wisconsin, the nation's only college-level learning community for hip-hop and the spoken word.

Tennessee State University Operates a Food Bank for Students in Need

The food bank, located in the campus' Gentry Center, is for students who are facing temporary hardships and have difficulty affording food while attending college.

University of Chicago Eliminates Student Loans for Graduates of Chicago High Schools

The University of Chicago has unveiled a new financial aid program for students from schools in the city that will eliminate student loans from their financial aid packages.

Wells Fargo to Support Scholarships at State-Operated HBCUs

The Thurgood Marshall College Fund (TMCF) has announced that it has entered into a multi-year $1.7 million partnership with the Wells Fargo Foundation to provide scholarships and leadership development training for students at 47 state-operated historically Black colleges and universities.

New Scholarship Fund to Provide Need-Based Aid to District of Columbia College Students

Students will be eligible for up to $3,000 for community college, $7,000 at the University of the District of Columbia, and $10,000 at a private college or university in the District.

Morehouse College Institutes Belt Tightening Measures Due to Drop in Enrollments

Employees will have to take up to five unpaid furlough days through the remainder of the year. Other budget cuts will be made and fewer part-time faculty members will be hired for the spring semester.

MasterCard Foundation Makes a Major Commitment to the Education of Africans

Among the partnering institutions in the United States are Arizona State University, Michigan State University, Stanford University, the University of California Berkeley, Duke University and Wellesley College.

Washington University Scholarship Program Celebrates Its 25th Anniversary

The John B. Ervin Scholars Program honors the university's first African American dean who served from 1968 to 1977.

Money Is a Major Factor in Why Black Students Drop Out of College

A third of Black men and a quarter of Black women who dropped out of college, did so because of financial concerns.

Most African American Males Lose Their HOPE Scholarships Due to a Lack of Academic Success

Research by Charles Menifield found that more than 50 percent of African American male students in Tennessee lost their HOPE scholarships due to subpar academic performance.

Allstate’s Quotes for Education Seeks to Raise Money for Scholarships to HBCUs

From now until the end of the year, for every person who mentions the Quotes for Education program while seeking an insurance quote from an Allstate agent, the company will donate $10 to the Tom Joyner Foundation.
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