Morehouse College, Spelman College and Howard University will all share in a $12 million gift from the investment banking firm Morgan Stanley. Through the gift, 60 students from the three participating HBCUs (historically
“The Morgan Stanley HBCU Scholars program will make college a reality for students in families who could not otherwise afford a higher education,” said Dr. David A. Thomas, president of Morehouse College, in a Morehouse press release. “The gift will not only improve the lives of scholarship recipients; it will also lead to positive changes for communities of color.”
The academic and needs-based scholarship program, set to begin in fall 2021, will also offer online career preparation and training opportunities with the firm.
