Due to the COVID-19 health crisis, colleges and universities have closed their campuses, told students to return home, and moved to online instruction. These necessary actions may force HBCU students to drop out, due to financial hardship and lack of access to the required technology. Over 72% of HBCU students are Pell Grant eligible (family income less than $20,000 per year), and 43% rely on jobs to cover basic living expenses. HBCUs themselves do not have the infrastructure to support students, deliver online coursework, retain today’s students and ensure that next year’s students enroll. To support HBCUs and their students, TMCF created its TMCF’s COVID-19 HBCU Emergency Fund, which will cover HBCU student short-term costs due to the COVID-19 school closures, and provide HBCU medium and long-term financial support.
Read more at www.tmcf.org.