Company Provides $18.5 Million in Scholarships for Students at Historically Black Colleges and Universities

Siemens Building Technologies, a supplier of fire and security systems for buildings which is headquartered in Buffalo Grove, Illinois, recently gave out $18.5 million scholarships to more than 300 students in the Chicago Public School System who will enroll at 24 historically black colleges and universities. Some of the scholarships cover all of a student’s expenses at the HBCU he or she will attend while others are only partial scholarships.

In order to qualify for the scholarships, students need to achieve a 3.0 grade point average in high school and to score at least 21 on the ACT college admissions examination. Only about 12 percent of all black ACT test takers nationwide score 21 or above on the ACT test.