Supporting HBCU Students: Overcoming Financial Barriers

HBCUs have a rich history of fostering Black leaders, entrepreneurs, and innovators. They represent only 3% of U.S. colleges, but they produce almost 20% of all Black graduates. Despite their significance, HBCU students often face significant financial obstacles that can hinder their academic journeys.

• Over 70% of HBCU students rely on Pell Grants, indicating a high level of financial need. Many struggle to afford basic necessities beyond tuition.

• The rising costs of textbooks, which have surged by over 88% in the past decade, present a significant barrier.

• On average, HBCU students face an annual unmet financial need of $4,000 to $8,000, even after receiving financial aid. This gap forces many to take on part-time or full-time jobs, impacting their academic performance and increasing dropout rates.

• Alarmingly, over 50% of HBCU students experience food insecurity, further hindering their ability to focus on their studies.

The digital divide also poses a significant challenge for HBCU students.

• 34% lack Wi-Fi access.

• 40% do not own computers.

• 60% struggle to complete assignments due to shared computers at home.

HBCU Heroes is committed to bridging this gap and empowering HBCU students. The organization aims to raise $5 million by December 31, 2025, to provide scholarships, computers, and essential support to these students. This funding will help address various financial burdens, including:

• Educational materials

• Technology needs

• Living expenses

• Transportation

• Basic supplies

• Health and wellness

• Nutrition

• Additional fees

• Extracurricular activities

• Emergency needs

A 2020 survey by the Hope Center for College, Community, and Justice, which surveyed nearly 5,000 students from 14 HBCUs, highlights the severity of these challenges.

• 46% of students experienced food insecurity in the month prior to the survey.

• 55% struggled with maintaining safe and affordable housing.

• 20% experienced homelessness in the year leading up to the survey.

These statistics underscore the urgency of supporting HBCU students. By investing in their education and well-being, we invest in the future of our nation. To learn more about HBCU Heroes and how to contribute, please visit www.hbcuheroes.org. All donations are tax-deductible.