Obtaining a grant can help cut the cost of obtaining an MBA.
As education becomes more expensive, making the choice to pursue a post-graduate degree becomes largely a question of financing. Historically, African-Americans have been the most educationally disadvantaged segment of America, and rising tuition costs play a key role. Fortunately, various organizations exist to help Africa- Americans pay for school, and some of the assistance is also available to other minorities.
United Negro College Fund
The United Negro College Fund (UNCF) is one of the largest contributors to African-American education in the United States. UNCF has awarded more than $100 million in tuition assistance since 1985. Dozens of scholarships are awarded yearly by UNCF and more than 300 fellowships have been awarded at all levels of education. UNCF sponsors special programs and paid internships with a variety of organizations, including the Department of Defense and NASA. Grant and scholarship applications need to be submitted online. The UNCF website has a search function to aid in finding opportunities best tailored to the individual student.
United Negro College Fund
8260 Willow Oaks Corporate Drive
P.O. Box 10444
Fairfax, VA 22031-8044
1-800-331-2244
uncf.org
The Thurgood Marshall Tuition Grant
To be eligible for a Thurgood Marshall Tuition Grant, students must be U.S. citizens enrolled in master's degree programs and be of African American, Hispanic or Native American heritage. Grant recipients have to maintain a 3.0 grade-point average for at least nine credit hours during both fall and winter semesters.The Thurgood Marshall Tuition Grant is sponsored by the Thurgood Marshall College Fund, which offers many other grant and scholarship opportunities for minority students.
Thurgood Marshall College Fund
80 Maiden Lane, Suite 2204
New York, NY 10038
212-573-8888
thurgoodmarshallfund.net
National Black MBA Association
The National Black MBA Association awards more than $500,000 annually to black students pursuing degrees in business and academics. Awards range from $1,000 to $15,000 and undergraduate, graduate and doctoral students are all welcome to apply. Applications should be submitted between March 1 and May 9. The National Black MBA Association also sponsors opportunities and scholarships with a number of schools and organizations across the country. Special opportunities change regularly, but the association's website is updated to include available programs.
National Black MBA Association, Inc
180 North Michigan Avenue, Suite 1400
Chicago, Illinois 60601
312-236-2622
nbmbaa.org
Tags: College Fund, Thurgood Marshall, Black Association, National Black, National Black Association, Marshall Tuition, Marshall Tuition Grant