Designated scholarships for black Africans Americans students can mitigate the financial strain of pursuing a college degree and alleviate student loan indebtedness.
Black students exhibit a higher propensity to resort to federal loans, accumulate greater debt burdens, and face increased likelihood of defaulting on their student loans compared to their white counterparts.
Due to the escalating expenses associated with higher education, the vast majority of college students rely on financial assistance to complete their studies. According to the NCES, over 85% of full-time, first-time undergraduate students availed financial aid during the 2019-2020 academic year.
However, the distribution of these financial benefits is not equitable among minority student demographics.
Additionally, one can maximize support by leveraging multiple scholarships and exploring financial aid opportunities targeting women, first-generation college attendees, STEM disciplines, or majors in high-demand fields.
Black students are awarded the greatest proportion of financial assistance among undergraduates compared to other racial and ethnic groups, as reported by the National Center for Education Statistics (NCES).
You can discover scholarships offered by national and state organizations as well as individual colleges based on academic achievement and/or financial requirements. It’s advisable to pursue scholarships and grants, which don’t require repayment, as the primary means of financing your college education before turning to loans or other forms of funding with conditions attached.
Scholarships For Black Africans Americans
The Ron Brown Scholarship
The Ron Brown Scholarship pays tribute to the memory of Ronald H. Brown by offering a competitive scholarship program aimed at promoting higher education for African American individuals who are both community-oriented and intellectually gifted.
The program awards 45 – 50 four-year scholarships worth $40,000 in total ($10,000 annually) to outstanding high school seniors facing economic challenges.
These students must exhibit a strong commitment to public service, community involvement, entrepreneurial endeavors, and global citizenship – values emblematic of Ronald H. Brown’s vision to empower individuals from all backgrounds, particularly disadvantaged youth.
Recipients can use the renewable scholarships to attend any accredited four-year college or university in the United States.
The scholarships are not restricted to specific fields or career paths and can be applied to any academic discipline. Since its establishment in 1996, 634 students have been named Ron Brown Scholars.
To be eligible for the Ron Brown Scholarship, applicants must be Black/African American, U.S. citizens or permanent residents, and current high school seniors at the time of application.
Scholarship Offered By The American Association
These scholarships are available at both the national and local levels. Please carefully review the qualifications.
Note that meeting the criteria does not guarantee an award, as applications are reviewed by a committee. AABE awards over $350,000 in scholarships annually, thanks to partnerships with energy-related organizations.
Each recipient expresses interest in pursuing an energy-related career. AABE volunteers nationwide organize various fundraising activities, such as golf tournaments and grants, to provide these scholarship opportunities.
Scholarship Offered By Fontana Transport Inc.
The Fotanta Transport Inc. seek motivated first-generation high school seniors from underrepresented backgrounds who require financial support and are committed to advancing their education to benefit their families, communities, and themselves.
With an aim to identify, sponsor, and mentor driven individuals who are determined to overcome obstacles and succeed despite challenges, limited resources, and hardships in their communities. They aspire to become an integral part of students’ support networks throughout their college journey, guiding them toward a successful future.
Applicants for the 2024 Fontana Transport Inc Scholars Program must be high school seniors graduating in 2024, intending to pursue a full-time undergraduate degree at any accredited four-year university in the United States by fall 2024.
The NAACP Scholarship
The Herbert Lehman Scholarship Program, administered by the NAACP Legal Defense and Educational Fund, offers $3,000 annually for up to four years, totaling $12,000, subject to funding availability. Recipients are required to maintain good academic standing and adhere to the scholarship criteria to retain eligibility.
The application deadline is April 1, 2024. Final decisions will be communicated to all applicants via email by mid-July to late August.
In case of delays with the FAFSA Form, applicants may submit a copy of their parent(s) IRS 1040 Tax Form, indicating dependency and family income, as an alternative.
The form must be signed and dated by the parent(s), and if the Expected Family Contribution (EFC) number is unavailable, applicants can indicate “0” in the designated box.
Scholarship Program For Career Development At PlayStation
Prospective candidates need to self-identify as Black or African American and must be currently enrolled or have been accepted as full-time undergraduates at a recognized four-year college or university. They should have a declared major in either computer science or computer engineering and must uphold a minimum GPA of 3.0.
Scholarship Offered By Mcdonald’s
The Thurgood Marshall College Fund (TMCF) and McDonald’s are excited to support exceptional students enrolled at Historically Black Colleges and Universities (HBCUs). This program will award scholarships of up to $15,000 to sixty-three scholars for the 2024-2025 academic year, disbursed at $7,500 per semester. The funds are designated for verifiable tuition and standard fees.
In partnership with Alkeme Health, a Black wellness community dedicated to addressing healthcare disparities, McDonald’s Black & Positively Golden Scholarship Program introduces the HBCU Mind for Gold initiative.
This initiative aims to educate and provide access to culturally relevant health and wellness information, tools, and resources for the HBCU community. Recipients of the Black & Positively Golden Scholarship for the 2024-2025 academic year will receive complimentary lifetime subscriptions to the Alkeme Gold platform. Additionally, the first 1250 applicants will receive one-year subscriptions at no cost.
Scholarship recipients will also gain access to various tools to support their educational and career goals, including the CliftonStrengths® assessment and McDonald’s Learning Management System, offering online content for professional.
Eligibility Requirements:
- Full-time enrollment as an undergraduate freshman, sophomore, junior, or senior at an HBCU for the 2024-2025 academic year
- Minimum cumulative GPA of 2.7
- Demonstrated leadership abilities
- Demonstrated financial need
- S. citizenship or legal permanent residency
Application Process:
- Upload a professional image in your school’s logo or colors
- Submit a video response (2 minutes max) to the prompt: “Education is one of the most vital ways to empower the expression of Black Excellence in the life of an individual, their family, and their community. In your video, please answer this question: How will your continued education empower you to achieve Black Excellence?”
- Indicate if you are currently or have ever been a McDonald’s team member for potential team member scholarship consideration
Scholarships For Black Africans Americans
The NBMBAA Scholarship
Prospective candidates for the scholarship must hold U.S. citizenship or permanent residency and maintain active membership in NBMBAA. Additionally, they should be enrolled full-time in a recognized graduate business program during the application period. Applicants are required to exhibit a GPA of at least 3.0 and showcase academic proficiency, leadership capabilities, and involvement in community service. The application deadline is May 15, 2024, and the scholarship offers funds of up to $5,000.
Scholarships For Black At Microsoft
AM intends to grant 50 scholarships, totaling $137,500 (USD), as follows:
5 awards valued at $5,000 each, renewable for up to three years or until a bachelor’s degree is attained, contingent upon maintaining a satisfactory academic performance.
45 awards valued at $2,500 each, available as one-time grants, with previous recipients ineligible for reapplication.
Eligibility Criteria:
The BAM Scholarship aims to support Black and African American students in pursuing higher education and careers in technology, with the objective of empowering future generations.
To qualify for the BAM Scholarship, applicants must meet the following criteria:
- Be a high school senior of African descent (e.g., African American, African, Ethiopian, etc.).
- Plan to pursue full-time undergraduate studies in Engineering, Computer Science, Computer Information Systems, or one of the specified Business programs (Business Administration, Finance, or Marketing)
- Demonstrate a keen interest in technology.
- Exhibit leadership abilities in school or the community.
- Maintain a cumulative GPA of at least 3.0 on a 4.0 scale or its equivalent.
- Require financial assistance to afford college tuition.
The AICPA Scholarship
The AICPA Foundation, established in 1922, aims to advance accounting as a respected profession and foster its future through various means, including education, outreach, scholarships, and diversity initiatives.
This fellowship offers multiple grants of $15,000 each to CPAs who are beginning or already pursuing a full-time accounting Ph.D. or DBA degree at an AACSB-accredited accounting/business school and show significant potential as future accounting educators.
Conclusion:
In the 2021 academic year, scholarships for black Africans Americans and grants were awarded to African American students. More precisely, African American students received Pell Grants and private loans at a greater frequency compared to any other racial or ethnic group during that period.