McDonald's Pledges $1 Million in Scholarships for HBCU Students

McDonald's has announced a major investment in the academic success of students attending Historically Black Colleges and Universities (HBCUs). The company's Black and Positively Golden Scholarship Program will award a total of $1 million in scholarships to HBCU students across the country.

The scholarships, which range from $2,000 to $5,000 each, will be distributed to 300 students enrolled at HBCUs for the 2023-2024 academic year. This represents a significant expansion of McDonald's long-standing commitment to supporting higher education at these important institutions.

"HBCUs play a vital role in empowering the next generation of Black leaders, innovators, and change-makers," said Vicki Chancellor, Owner/Operator of McDonald's. "We're proud to expand our scholarship program and provide critical financial support to these deserving students as they pursue their academic and professional goals."

The Black and Positively Golden Scholarship Program was launched in 2020 as part of McDonald's broader efforts to create pathways to economic opportunity for the Black community.

Eligible students can apply for the scholarships through the McDonald's website. The application period is open now through April 30, 2023.

"This scholarship will make a significant difference in the lives of HBCU students, helping them to pursue their educational goals and achieve their full potential," said Dr. David Wilson, President of Morgan State University.

HBCUs have a long and proud history of providing quality education and support to generations of Black students. By investing in HBCU scholarships, McDonald's is demonstrating its commitment to the success and empowerment of the Black community. This initiative will have a lasting impact on the lives of hundreds of deserving students.

Originally reported by Google News HBCU.