North Carolina A&T University Receives $4 Million Gift from Cree Semiconductor!
|
NOTICE: This content is in pending
status and not visible to those without the url...
|
|
Posted By: Will Moss on September 15, 2020 Triangle semiconductor maker Cree said Monday that it is making a gift of $4 million to North Carolina Agricultural and Technical State University, the largest historically Black university in the country as well as the top producer of Black engineering graduates. The gift will fund a scholars program for students studying in science, technology, engineering and mathematics at Greensboro-based N.C. A&T. The hope is that the money will increase the number of Black students who are able to complete their studies without debt and create a pathway to jobs after graduation. On average, Black students have $25,000 more in student loan debt than white students four years after graduating, according to the U.S. Department of Education. And 48% of all Black graduates owe more on their federal undergraduate loans four years after graduating, compared to 17% of white students. That disparity is one of the leading causes of the debt gap between Black and white households. While N.C. A&T is the No. 1-ranked public Black college by U.S. News & World Report, the college also ranked sixth for the highest student debt at graduation among national universities. The median student debt was $28,360, and 60% of students received Pell grants, The News & Observer reported. Read more here: https://www.newsobserver.com/news/business... If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
 |
Will Moss
Founder & CEO, HBCU CONNECT, LLC Hampton University class of 1995 Member Since June 1999 |
Comments
More From This Author
Latest News
 |
How YouTube learns your heart: The secret behind music recommendationsThere are moments when technology surprises us in ways we never expected. You open YouTube to enjoy a few reggae tunes, and suddenly familiar songs appear, ones you haven’t searched for in months, yet ...more
Joel Savage • 101 Views • April 1st, 2026 |
Popular News
 |
North Carolina HBCU Unity DayShaw University - Elizabeth City State University - Johnson C. Smith University - Fayetteville State University - Livingstone College - North Carolina A&T State University - North Carolina Central Uni ...more
Reginald Culpepper • 106,500 Views • August 8th, 2016 |
