VSU Joins Initiative Offering Alternative To Federal Student Loans
|
Posted By: Kennedy Williams on September 02, 2022 Virginia State University is among 34 institutions that will participate in a program that has the potential to impact college debt for thousands of students. Student Freedom Initiative has announced that Virginia State University will join their Minority Serving Institutions (MSIs) that offer an income contingent alternative to federal Parent PLUS loans. The program is designed to provide college funding for students who agree to make payments back to the program based on what they earn after leaving college. The terms of the program offer students financial assistance—with all repaid funds received under these arrangements being recycled back into the program for future students. “In founding Virginia State University, Alfred W. Harris said he dreamed of ‘a place where all may go to drink from the fountain of knowledge until their ambition is satiated.’ This program moves Virginia State University one step closer to that dream,” said VSU President, Dr. Makola M. Abdullah. “As the Commonwealth’s most affordable four-year university, we are grateful to continue providing access and opportunity for those seeking a transformative education.” The selected institutions include: Alabama State University (AL), Albany State University (GA), Bennett College (NC), Central State University (OH), California State University, Long Beach (CA), City University of NY (CUNY) – Hunter College (NY), Morris College (SC), Lincoln University (PA), Saint Augustine’s University (NC), Stillman College (AL), University of California – Riverside (CA), Virginia State University (VA), West Virginia State University (WV), and Wilberforce University (OH). With the addition of the 11 HBCUs, Student Freedom Initiative is now engaged with 48 HBCUs participating in one or more components of the program in a total of 18 states. This represents approximately 48% of all HBCUs. SOURCE Virginia State University If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
 |
Kennedy Williams
From Loganville, GA Spelman College class of 2020 Member Since July 2016 |
Comments
More From This Author
Latest News
 |
NCCU Awarded $4.9 Million to Accelerate Its Path to R2 Research StatusDURHAM, N.C. — North Carolina Central University (NCCU) has been awarded $4.9 million from the U.S. Department of Education's Research and Development Infrastructure Grant Program to expand its ...more
Roger Gates • 137 Views • October 14th, 2026 |
 |
America's Next Historically Black Medical School Earns Preliminary AccreditationXavier Ochsner College of Medicine, the only HBCU college of medicine in the Gulf South, has earned preliminary accreditation from the LCME and will begin recruiting its inaugural class of 2027. ...more
Roger Gates • 163 Views • October 14th, 2026 |
 |
Register Now For MissionTech: Virtual Hiring Event For Military Veterans, Transitioning Service Members, and Military SpousesSharing an upcoming opportunity for veterans, transitioning service members, and military spouses interested in tech! Maximus is hosting MissionTech on Oct. 28, a virtual hiring event where attendees ...more
Reginald Claremont • 224 Views • October 13th, 2026 |
 |
HBCUConnect Releases Summer/Fall 2026 Alumni Magazine Celebrating HBCU Excellence, Career Opportunities, and CultureExplore the latest issue featuring the Top 50 Employers for HBCU Graduates, alumni success, HBCU research, homecoming traditions, and more. HBCUConnect is excited to announce the release of its Summer ...more
Reginald Claremont • 222 Views • October 13th, 2026 |
 |
Sucré Couture and National Alumnae Association of Spelman College Celebrate Spelman Sisterhood with Undaunted By The FightSucré Couture, in collaboration with the National Alumnae Association of Spelman College (NAASC), celebrates the bold spirit, resilience, authenticity, and enduring sisterhood of Spelman alumnae throu ...more
Reginald Claremont • 157 Views • October 13th, 2026 |
Popular News
 |
Louisiana Upholds Life Sentence to Black Man For Stealing Hedge Trimmers in 1997While 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
Roger Gates • 406,031 Views • August 6th, 2020 |
 |
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
Roger Gates • 190,386 Views • November 30th, 2020 |
 |
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
Roger Gates • 131,127 Views • March 11th, 2015 |
 |
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 Claremont • 118,850 Views • August 8th, 2016 |
 |
Black Billionaire Robert F. Smith to Donate $50 Million to Support STEM Students at HBCUsThe 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
Roger Gates • 86,746 Views • October 22nd, 2020 |
