The Kresge Foundation has announced a $2 million commitment to support Detroit students seeking to attend Historically Black Colleges and Universities (HBCUs). This generous investment will provide scholarships, mentorship, and other crucial resources to help ensure the next generation of Detroiters have access to the transformative educational experiences offered by HBCUs.
The initiative, dubbed the “HBCU Dream Fund,” will focus on addressing the financial barriers often faced by Detroit students aspiring to attend HBCUs. Through direct scholarships and partnerships with organizations like the HBCU College Fair and the Detroit Public Schools Community District (DPSCD), the foundation aims to bridge the gap between ambition and opportunity.
“We believe that all students, regardless of their background, deserve access to quality education,” stated Rip Rapson, President and CEO of the Kresge Foundation. “This commitment to Detroit students seeking an HBCU education reflects our ongoing dedication to supporting educational equity and fostering a brighter future for our city.”
The HBCU Dream Fund is poised to make a significant impact on the lives of Detroit students. It will not only provide financial assistance but also offer invaluable mentorship and guidance, helping students navigate the college application process, acclimate to campus life, and ultimately achieve their full potential.
This initiative is a testament to the Kresge Foundation’s commitment to empowering Detroit’s youth and ensuring their access to the resources needed to thrive. By investing in their future, the foundation is making a tangible difference in the lives of young Detroiters and contributing to a more equitable and prosperous future for the city.