THURGOOD MARSHALL COLLEGE FUND (TMCF) STATEMENT ON CORONAVIRUS RELIEF FOR HBCUs

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THURGOOD MARSHALL COLLEGE FUND (TMCF) STATEMENT ON CORONAVIRUS RELIEF FOR HBCUs

FOR IMMEDIATE RELEASE

TMCF urges Congress to allocate at least $1.5 Billion for HBCUs and MSIs

WASHINGTON, DC (March 23, 2020) – The Thurgood Marshall College Fund (TMCF) applauds Speaker Nancy Pelosi’s unveiling of a plan that would allocate $1.5 Billion in emergency Title III and Title V Aid to Historically Black Colleges and Universities (HBCUs), Predominantly Black Institutions (PBIs) and other Minority Serving Institutions (MSIs).

The language unveiled in the Senate bill, last week, includes some helpful regulatory and payment relief for institutions, but simply does not do enough to provide financial relief for schools. The combination of an injection of desperately needed emergency aid, and the loosening of restrictions on both new and previously appropriated Title III funds will allow schools to both recover some of their financial losses and give them the flexibility to best serve students in this uncertain time.

TMCF strongly encourages members of both the House and Senate to work in a bi-partisan fashion to quickly deliver for our nation’s most vulnerable students and these critically-important institutions of higher education.

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About the Thurgood Marshall College Fund (TMCF)

Established in 1987, the 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 and Predominantly Black Institutions, 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: www.tmcf.org.

TMCF Press
Thurgood Marshall College Fund
[email protected]

Hennessy and the Thurgood Marshall College Fund expand the reach of the Hennessy Fellows program to all HBCU graduates, addressing critical needs of TMCF’s member HBCUs and their students.

Hennessy Fellows is an unprecedented $10M initiative for HBCU grad students, designed to equip the next generation of diverse C-suite leaders through financial assistance, access and experiences.

  • DJ D-Nice’s #ShowMeYourWalk HBCU Grad Partywill kick off at 9pm ET on Instagram Live for viewers aged 21+.
  • Members of the Hennessy family, including Nas and A$AP Ferg, will partake in the virtual celebration.
  • In addition to highlighting graduates and their institutions, the #ShowMeYourWalk HBCU Grad Partywill raise funds for participating HBCUs and their students.
  • Comprised of eight graduate students, each prepared to enter the workforce no matter what it holds.
  • Hennessy & TMCF also welcome a second cohort of Fellows: ten high-achieving, high-potential students representing Clark Atlanta University, Howard, Morgan State, Southern and Florida A&M Universities.
  • Applications for the third class of Hennessy Fellows will open starting August 2020.
  • Launching in June, the learning resource will be available to Hennessy Fellows and all HBCU students aged 21+.
  • Designed specifically for diverse candidates, the platform pulls back the curtain to C-Suite leaders, offering transparent insights and resources to help students navigate corporate America.
  • Access can be found via the Hennessy Fellows page at TMCF.org.