Source: Stephen Maturen / Getty
McDonald’s has announced the launch of its $500,000 Black Positively Golden Scholarship Fund.
The scholarship fund will help students that are attending Historically Black Universities and Colleges continue their education in the fall semester despite the complications brought on by COVID-19.
People are beginning to realize the challenges these institutions face by serving such a large portion of low-income students, which soars over 90% at some HBCUs while trying to make sure they receive top tier education during this switch to mostly online structure because of COVID-19
“This year, donations to HBCUs are even more critical, as students continue dealing with the impacts of COVID-19 and, now, civil unrest and demands for Black equality,” said Harry L. Williams, Thurgood Marshall College Fund President CEO.
That’s why TMCF is excited to further our commitment with McDonald’s to help keep more Black students in college.”
In addition to the scholarship fund, McDonald’s is launching a multi-week program that begins in the fall, with inspirational virtual events for student entrepreneurs.