Financial firm Morgan Stanley recently announced it is partnering with HBCUs, offering $12 million to support a total of 60 full scholarships for students enrolled in Howard University, Spelman College and Morehouse College. Morgan Stanley and Spelman College announced the first cohort of students selected for the HBCU Scholars Program.
Five first-year students have been selected to receive four-year scholarships to Spelman. The scholarship is all-inclusive and will cover tuition, room and board in an effort to remove financial barriers to higher education. The goal of the program is to prepare students to be college-educated and financially independent. In addition to the program’s curriculum, the HBCU Scholars Program will include Morgan Stanley mentors and sponsors to support the scholars along their journey.
“We know that income inequality in the African American community often creates a barrier between the best and brightest students and their college education,” said Mary Schmidt Campbell, Ph.D., President of Spelman. “Through this generous scholarship our students will have the opportunity to focus on their studies and future careers without the burden of financial debt.”
The first five students selected at Spelman College all possess impressive resumes that include internships, community service projects and academic achievements. The program will begin in the fall 2021 semester.
Spelman College Class of 2025 Morgan Stanley HBCU Scholars:
- A’miyah Adams
- Cheyenne Cisse
- Kenya Handfield
- Trinity McKinney
- Lanasya Thomas
