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.
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.
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.
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.
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.
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.
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.
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.”
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, 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.
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.
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.
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.
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.
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.
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.
The University of Cincinnati has announced that it has created the Provost Graduate Fellowship that will provide financial aid for students from underrepresented minority groups in the university’s graduate programs.
An analysis of the student debt load for fourth-year undergraduate students found that in 1990, 69 percent of African American college students had accumulated debt. By 2012, the figure was 90 percent.
The new Patricia Lauderdale and Barbara Miller Endowed Scholarship honors the first two African Americans who graduated from what was then Nazareth College in 1951.
Brandeis University in Waltham, Massachusetts, has announced the establishment of the Diversity, Excellence, and Inclusion Scholarships. Recipients will receive full-tuition credits and a $10,000 stipend for master’s degree programs in the humanities, social sciences, and the arts.
Morgan State University in Baltimore believes that the $5 million donation is the fifth largest gift by individuals to any HBCU in the nation. The money will be used for need-based scholarships for students from the City of Baltimore.
QuestBridge, based in Palo Alto, California, connects high-achieving students from low-income families to the nation’s most selective colleges and universities.
The Graduate School at the University of Massachusetts at Amherst has announced a $600,000 annual investment to provide financial aid to graduate students from underrepresented minority groups.
The University of Southern California in Los Angeles received a donation of $10 million from the George Lucas Family Foundation. The money will provide scholarships for students in the School of Cinematic Arts with preferences given to African American and Hispanic students.
The Army Research Laboratory has expanded its effort to increase the number of minority students in STEM fields by creating the Extreme Science Scholar program at Morgan State University in Baltimore.
Nearly 62 percent of all African American undergraduates received a Pell Grant in the 2011-12 academic year. For Whites, 33.5 percent of undergraduates that year were Pell Grant recipients. The average grant to Black students was $3,400.
In 2014, there were 4,090,000 African Americans under the age of 18 in the United States who were living in poverty. The percentage of Black children in poverty rose from 33.7 percent in 2013 to 37.1 percent in 2014.
In 1964, the National Merit Scholarship Corporation founded the National Achievement Scholarship Program for Outstanding Negro Students entering college. After 51 years that program is ending and a new program will benefit only those students who graduate from predominantly Black colleges.
A new study led by Micere Keels, an associate professor of comparative human development at the University of Chicago, finds that many Black and other minority college students suffer from anxiety over worrying about being able to pay their bills in order to stay enrolled in higher education.
The Georgia Institute of Technology in Atlanta has announced a new partnership with Intel Inc. in an effort to increase the number of students from underrepresented minority groups who pursue degrees in engineering and computer science.
Prohibited from using affirmative action in admissions, the University of Michigan is embarking on a new effort to seek out and recruit low-income students.
The new Apple Scholars program, operated in conjunction with the Thurgood Marshall College Fund, will offer a one-year scholarship of up to $25,000 for 30 students at HBCUs and other predominantly Black colleges and universities.
Laura Marie Leary earned a bachelor’s degree at East Carolina University in 1966. A scholarship named in her honor will be awarded to students who are majoring in fields where minorities have traditionally been underrepresented.
All but one of the employees at the Edgewater campus was let go. Students transferred to other area colleges or to Sojourner-Douglass’ main campus in Baltimore. The college is facing a loss of its accreditation.
Darryl Scriven, professor of philosophy at Florida A&M University in Tallahassee, has produced a new documentary film that aims to provide information so college students can limit student loan borrowing.