Providing financial resources for students to attend college is crucial in ensuring equal access to education and promoting social mobility. Many resources can help alleviate the financial burden that often accompanies higher education. Scholarships are merit-based awards that recognize students' academic achievements, talents, or extracurricular involvement. Grants, on the other hand, are need-based and provide financial assistance to students from low-income backgrounds. Student loans allow individuals to borrow money to pay for tuition and other educational expenses, with the understanding that repayment will be required after graduation. These financial resources not only enable students to pursue their educational goals but also contribute to the overall development of society by empowering individuals with knowledge and skills.
In hopes of promoting higher education for the black community, they have created two of the most comprehensive, easy-to-read guides on scholarship information and financial literacy for the black community on the internet. Our pages cover topics like needs vs merit-based scholarships, evaluating tuition costs, the racial wealth gap, socioeconomic and cultural barriers, and much more to benefit incoming black students.