Latest news with #ThurgoodMarshallCollegeFund
Business Wire
6 days ago
- Business
- Business Wire
Sallie Mae Now Accepting Applications for Its Completing the Dream Scholarship Program
NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae is again partnering with Thurgood Marshall College Fund to offer scholarships to students who encounter unexpected costs that can be obstacles to college completion. The company, through The Sallie Mae Fund, will award 170 Completing the Dream Scholarships worth up to $425,000 to help students complete their higher education. Applications will remain open until all funds are awarded or until December 1, 2025. The Completing the Dream Scholarship Program offers up to $2,500 to eligible students on track to complete their program during the academic year 2025-2026 at a two- or four-year college, career training, or other post-secondary education program. Since 2021, the program has awarded nearly 1,000 scholarships totaling $2.5 million, helping students navigate unplanned expenses and complete their higher education. 'The Completing the Dream Scholarship was a crucial resource that helped me overcome the final financial hurdles on my journey,' said Savanah Johnson, one of last year's Completing the Dream Scholarship recipients and a recent Bennett College graduate. 'With my degree in hand, I am excited to use what I have learned to give back and make a positive impact in the lives of others.' Research confirms nearly half (48%) of students who did not complete their program of study indicated financial challenges played a role in their decision to leave school. Often, it's a small debt or expense that can stand in the way of a student graduating. 'For many students, the final stretch of college can be the hardest — not because of academics, but because of finances,' said Dr. Harry L. Williams, president and chief executive officer, Thurgood Marshall College Fund. 'The Completing the Dream Scholarship provides that last boost of support to help students reach the milestone of graduation. We're honored to continue this work with The Sallie Mae Fund and invest in the success of the next generation.' 'The great promise of higher education comes from earning a degree, yet nearly four in 10 students don't complete college within six years. That's not just a statistic — it's a wake-up call,' said Nic Jafarieh, executive vice president, Sallie Mae. 'Programs like our Completing the Dream Scholarship help remove barriers so students stay enrolled, stay focused, and get to graduation.' In addition to the Completing the Dream Scholarship, Sallie Mae also offers scholarships to help students access and continue higher education. The company also connects students to scholarships through its free resource Scholly Scholarships. Learn more and apply today at Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. No purchase necessary. Void where prohibited. Ends 12/1/2025 or when all scholarship funds are awarded, whichever occurs first. For official Completing the Dream Scholarship Rules for the academic year 2025-2026, visit: Completing the Dream Rules
Business Upturn
24-04-2025
- Business
- Business Upturn
TMCF thanks President Trump for reaffirming his commitment to HBCUs in executive order
By GlobeNewswire Published on April 24, 2025, 05:51 IST Washington, D.C., April 23, 2025 (GLOBE NEWSWIRE) — Officials at the Thurgood Marshall College Fund (TMCF) extend appreciation to President Trump for signing an executive order reestablishing the White House Initiative to Promote Excellence and Innovation at Historically Black Colleges and Universities (White House Initiative) and reinforcing key TMCF policy priorities for the HBCU community. 'Today's executive order serves as strong reaffirmation of President Trump's support of investment of historically Black colleges and universities,' said TMCF President & CEO Dr. Harry L. Williams . 'This executive order should serve as a call-to-action for corporations, foundations, members of Congress and state lawmakers to redouble their efforts to support HBCUs and their students. TMCF looks forward to continued engagement with the administration and Congress to deliver results for HBCUs and the students they serve via appropriations and other legislative actions.' Following the signing of the executive order today, U.S. Secretary of Education Linda McMahon said, 'The White House initiative highlighted today reinforces President Trump's commitment to supporting and elevating America's HBCUs. The Department will work with the initiative and HBCUs to expand partnerships and share best practices for institutions to become hubs of opportunity and economic engines for local industries and employers. I am eager to elevate and support America's HBCUs, including in my role on the President's Board of Advisors for the White House Initiative on HBCUs.' In addition to reestablishing the White House Initiative, this executive order encourages states to meet their obligations by matching federal funds appropriated to 1890 Land Grant HBCUs, marking the first time this issue has been highlighted in an executive order. Additionally, today's executive order explicitly encourages private and philanthropic investment into HBCUs and their students. Today's signing also moves the White House Initiative back to the White House, where its reporting lines resided during the first Trump administration. 'The TMCF government relations team has worked closely with the White House to advocate for the inclusion of our policy priorities in the executive order over the past three months and we are very pleased that many of our priorities are reflected in the final version of the document promulgated today,' Dr. Williams said. About Thurgood Marshall College Fund Established in 1987, Thurgood Marshall College Fund (TMCF) is the nation's largest organization exclusively representing the Black college community. TMCF member schools include the publicly supported historically Black colleges and universities, predominantly Black institutions and historically Black community colleges, enrolling nearly 80% of all students attending Black colleges and universities. Through scholarships, capacity building and research initiatives, innovative programs and strategic partnerships, TMCF is a vital resource in the K-12 and higher education space. The organization is also the source of top employers seeking top talent for competitive internships and good jobs. TMCF is a 501(c)(3) tax-exempt, charitable organization. For more information about TMCF, visit . Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Associated Press
21-03-2025
- Business
- Associated Press
Dr. N. Joyce Payne Research Center presented financial well-being preliminary findings
Washington, D.C., March 21, 2025 (GLOBE NEWSWIRE) -- Preliminary findings from a financial well-being survey were presented by the Dr. N. Joyce Payne Research Center (Payne Center) during the Thurgood Marshall College Fund (TMCF) DevCon Potomac | 25 conference just outside of Washington, D.C. The Payne Center partnered with the Savings Collaborative to conduct a financial well-being survey to learn more about the financial behaviors, challenges and aspirations of students of historically Black colleges and universities (HBCUs). Students who participated in the survey were enrolled at TMCF member schools. Dr. Barbara Freeman, founder and CEO of the Savings Collaborative, facilitated a session at DevCon and released a one-page research summary. The goal of the survey is to better equip HBCU students to enhance their financial capabilities, support long-term financial goals and help them achieve generational wealth. The full report will be released on April 23 at Virginia State University, a TMCF member institution. A panel of HBCU students will discuss strategies for building generational wealth and effective methods to help college students manage their finances based on the report's findings. 'The survey was designed to gain insights into how the students manage their finances, their financial goals and identify areas where they need support to better align their actions with their financial aspirations,' Dr. M.C. Brown II, executive director and research scientist at the Payne Center, said. 'We're excited to unveil our preliminary findings and help students identify next steps to achieve their financial goals.' About Thurgood Marshall College Fund Established in 1987, Thurgood Marshall College Fund (TMCF) is the nation's largest organization exclusively representing the Black college community. TMCF member schools include the publicly supported historically Black colleges and universities, predominantly Black institutions and historically Black community colleges, enrolling nearly 80% of all students attending Black colleges and universities. Through scholarships, capacity building and research initiatives, innovative programs and strategic partnerships, TMCF is a vital resource in the K-12 and higher education space. The organization is also the source of top employers seeking top talent for competitive internships and good jobs. TMCF is a 501(c)(3) tax-exempt, charitable organization. For more information about TMCF, visit
