News Menu

News
View Latest Posts
View Subscriptions
Posting Instructions

Active Bloggers

Kamal Imani Kamal Imani
New York Inst of Tech class of 1997
Kennedy Williams Kennedy Williams
Spelman College class of 2020
HBCU CONNECT HBCU CONNECT
Central State University class of 1995
Wright Seneres Wright Seneres
Rider University class of 1997
Reggie Culpepper Reggie Culpepper
Clark Atlanta University class of 1998
Keiara Auzenne Keiara Auzenne
UC, Los Angeles class of 2011
Randi Payton Randi Payton
University of the District of Columbia class of 1982
Joel Savage Joel Savage
class of 1993

Spelman College Clears Outstanding Student Balances from Academic Year 2020-2021

Spelman College Clears Outstanding Student Balances from Academic Year 2020-2021
Posted By: Kennedy Williams on July 27, 2021

ATLANTA (July 26, 2021) To address the financial hardships that have taken a toll on students and families over the last year, Spelman College cleared outstanding student balances from AY 2020-2021, an action made possible by the receipt of funds from the federal government.

In addition, for all Spelman students during 2020-2021, the college implemented a significant 14 percent discount off tuition and fees, and reset tuition and mandatory fee rates back to 2017-2018 rates for AY 2021-2022.

This reset to the lower tuition rates of four years ago will have a long-term impact on affordability, said Mary Schmidt Campbell, Ph.D., president of Spelman.

“Spelman’s in-depth study into the financial aid needs of our students several years ago reinforced our understanding of one of this country’s fundamental inequities: high performing, high need students are drastically underfunded,” said Dr. Campbell.



“If 2020 taught us anything, it is that racial fault lines continue to make the lives of African Americans quantitatively harder than those of non-Black Americans.”

Beyond the impact of the COVID-19 pandemic, the College is mindful of the amount of debt that families incur and has spent the last four years raising more than $120 million in new financial aid.

“Despite the financial hurdles, our academic outcomes are impressive. Half of the students Spelman serves are PELL eligible, that is low to moderate income, which makes our six-year graduation rate of 75 percent, 30 percentage points above the national average, a standout,” said Dr. Campbell.

During the pandemic, Spelman was able to directly impact every enrolled student in one or more of the following ways:

Refunding a portion of fees to enrolled students related to the spring 2020 semester

Establishing a student emergency fund in spring 2020

Offering a one-time 14 percent composite discount on tuition and fees for academic year 2020-2021

Providing federally funded emergency student financial aid grants to students June 2020, spring 2021, and summer 2021

Clearing outstanding student balances for 2020-2021

Developed a forthcoming partnership with Lyft to provide subsidized rides to a maximum of 500 students residing off-campus without their own vehicle

SOURCE: Spelman College
If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email!
Comments
Please Login To Post Comments...
Email:
Password:

 
More From This Author
N.C. A&T College of Engineering Receives $1.4M Gift from Zynga
Xavier University of Louisiana Partners with Regis University to Provide Master’s Degree
Texas Southern's Bullard Center for Environmental and Climate Justice Receives $4 Million from Bezos Earth Fund
HBCU Week Foundation Hosts Event Giving HS Students Opportunities for On-the-Spot College Acceptance and Scholarships
Creme of Nature Announces Its First $30,000 Legacy of Leadership Pitch Competition, Designed to Inspire HBCU Entrepreneurship
Jackson State University’s WJSU Radio Station Receives $450K from CPB to Expand Public Radio Music Format for Young Audience
Latest News
N.C. A&T College of Engineering Receives $1.4M Gift from Zynga

N.C. A&T College of Engineering Receives $1.4M Gift from Zynga

The College of Engineering (COE) at North Carolina Agricultural and Technical State University has received a four-year, $1.4 million gift to expand the gaming capabilities of the Department of Comput ...more
Kennedy Williams • 33 Views • September 22nd, 2021
Xavier University of Louisiana Partners with Regis University to Provide Master’s Degree

Xavier University of Louisiana Partners with Regis University to Provide Master’s Degree

Starting with the summer 2022 semester, the dual-degree option will provide Xavier Pharm.D. students with an opportunity for a broader education that will equip them for a wide range of career opportu ...more
Kennedy Williams • 29 Views • September 22nd, 2021
Texas Southern's Bullard Center for Environmental and Climate Justice Receives $4 Million from Bezos Earth Fund

Texas Southern's Bullard Center for Environmental and Climate Justice Receives $4 Million from Bezos Earth Fund

Texas Southern University (TSU) has been awarded $4 million from the Bezos Earth Fund to support the Robert D. Bullard Center for Environmental and Climate Justice. The Fund’s grant will continue grou ...more
Kennedy Williams • 49 Views • September 22nd, 2021
HBCU Week Foundation Hosts Event Giving HS Students Opportunities for On-the-Spot College Acceptance and Scholarships

HBCU Week Foundation Hosts Event Giving HS Students Opportunities for On-the-Spot College Acceptance and Scholarships

his back-to-school season, the HBCU Week Foundation is giving high school students from across the country the chance to experience life at a Historically Black College and University (HBCU) during a ...more
Kennedy Williams • 82 Views • September 22nd, 2021
Creme of Nature Announces Its First $30,000 Legacy of Leadership Pitch Competition, Designed to Inspire HBCU Entrepreneurship

Creme of Nature Announces Its First $30,000 Legacy of Leadership Pitch Competition, Designed to Inspire HBCU Entrepreneurship

Creme of Nature recently announced that it has teamed up with The Thurgood Marshall College Fund's (TMCF) Innovation and Entrepreneurship (I&E) Division to launch its first Legacy of Leadership Case S ...more
Kennedy Williams • 28 Views • September 22nd, 2021
Popular News
Louisiana Upholds Life Sentence to Black Man For Stealing Hedge Trimmers in 1997

Louisiana Upholds Life Sentence to Black Man For Stealing Hedge Trimmers in 1997

While this may not be HBCU related news, as an AFrican American male, I had to share this appalling decision by the Louisiana court system to keep a man in jail with a life sentence for such a petty c ...more
Will Moss • 380,454 Views • August 6th, 2020
Apple to Invest over $40 Million Dollars into HBCUs - Time to major in Computer Science!!!

Apple to Invest over $40 Million Dollars into HBCUs - Time to major in Computer Science!!!

On Tuesday Johnny C. Taylor, President and CEO of the Thurgood Marshall College Fund stopped by “NewsOne Now” to make a major announcement that could literally change the lives of thousands of HBCU st ...more
Will Moss • 114,406 Views • March 11th, 2015
Blonde Instagram Model Goes Viral for Graduating from HBCU and Pledging Delta Sigma Theta!

Blonde Instagram Model Goes Viral for Graduating from HBCU and Pledging Delta Sigma Theta!

A blonde woman is going viral this morning, for graduating from A Historically Black College while pledging a Black sorority, Delta Sigma Theta Sorority Incorporated. @Blonde_HBCU The woman, an IG ...more
Will Moss • 99,522 Views • November 30th, 2020
Kamala Harris Promises to Forgive Student Loan Debt for HBCU Graduates

Kamala Harris Promises to Forgive Student Loan Debt for HBCU Graduates

Harris promises to offer free tuition for low-income students at public and historically Black colleges Democratic VP candidate also pledges to forgive student-loan debt for HBCU graduates who earn ...more
Will Moss • 68,276 Views • September 10th, 2020
Black Billionaire Robert F. Smith to  Donate $50 Million to Support STEM Students at HBCUs

Black Billionaire Robert F. Smith to Donate $50 Million to Support STEM Students at HBCUs

The Student Freedom Initiative announced today a $50 million personal gift from Robert F. Smith, philanthropist and Founder, Chairman and CEO of Vista Equity Partners. This gift matches the initial fu ...more
Will Moss • 68,028 Views • October 22nd, 2020
Please Give Us a Like on Facebook!