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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Arkansas Baptist College, the historically Black educational institution in Little Rock, has not been able to pay its faculty since November 1. The faculty is calling for the president to be fired.
When the University of Cincinnati’s only African American dean resigned his post, students protested the lack of diversity on campus. The university has taken some steps to address the issue.
The People’s Republic of China will award 1,000 scholarships to undergraduate and graduate students at historically Black colleges and universities to study in China for periods ranging from three months to two years.
Chancellor Deborah Saunders-White has proposed that NCCU tryout a performance-based Pell Grant system where students would be given an incentive to complete their education in four years.
Sheila C. Johnson, the CEO of Salamander Hotels & Resorts, has pledged to donate $5 million over five years to create fellowships for students who are dedicated to improving the lives of African Americans.
The Jack Kent Cooke Foundation offers a wide range of generous scholarship programs for college and graduate students. Now the foundation is offering a new program for high-achieving, low-income high school seniors.
Lafayette College, the highly rated liberal arts college in Easton, Pennsylvania, has announced a new partnership agreement with The Opportunity Network that will offer admission and financial aid support to a group of academically gifted, low-income students from the New York City public schools.
The Candler School of Theology at Emory University in Atlanta has established an endowed scholarship program to provide financial aid for students in its Black Church Studies Program.
The board of visitors of the University of Virginia has reauthorized the AccessUVA financial aid program. But due to the rising cost and increased demand for financial aid, the university will now be including loans as part of the financial aid packages.
A large number of historically Black colleges and universities have seen a significant drop in enrollments because many students and their families have been unable to secure PLUS loans from the federal government. A new appeals ruling may help alleviate the crisis.
Of the 183 students who began in the program five years ago, 163 will enter college this fall. Of the 163 college-bound students, 98 will be attending Rutgers University on full scholarships.
The Thurgood Marshall College Fund, a group representing 47 publicly operated historically Black colleges and universities, has merged with the Opportunity Funding Corporation, an organization fostering entrepreneurship in the African American community.
Howard University reports that a decade ago there were 142 District residents enrolled who received Tuition Assistance Grants of $2,500 from a federal government programs for students from Washington, D.C. This past year there were only 46.
Research published earlier this year by Professor Caroline Hoxby of Stanford University found that many of the nation’s most talented minority students simply do not apply to our nation’s leading colleges and universities because they are unaware of the financial aid available to them.
The 2013 UNCF•MERCK Fellows in the biological sciences receive awards ranging from $25,000 for undergraduate scholarship recipients to $92,000 for recipients of postdoctoral fellowships.
Composer and educator Adolphus Hailstork has established an endowed scholarship fund at historically Black Norfolk State University in Virginia. The fund will support undergraduate music students at the university, where Hailstork taught from 1977 to 2000.
Fellows will receive full tuition scholarships and must agree to return to Africa within two years of graduating from the Stanford business school and work for a business, government agency, or nonprofit organization for a least two consecutive years.
Among those who studied in a STEM discipline, a quarter of all Black doctoral students had more than $30,000 in debt compared to 10 percent of Whites and Asians. In the social, behavioral, and economic sciences 58 percent of Black students had debts of $30,000 or more.
Under the program, representatives of the Thurgood Marshall College Fund visited 452 high schools, community organizations, and other groups to provide information about opportunities in the Army’s Reserve Officer Training Program.
The New American Foundation report found that for students from families with incomes below $30,000, two thirds of all private colleges and universities have a net price (costs after all financial aid is included) of at least $15,000.
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.
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.
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.