Despite significant improvements, African-Americans are still very underrepresented on college and university campuses. The agencies and private organizations below are among those dedicated to providing deserving students and their families with financial support to take the next step in their education.
ABA Diversity Scholarship
This fund was created to increase the number of traditionally under-represented minority groups in the management and operation ranks of the transportation, travel, and tourism industry.
Applicants must have completed at least their first year of college at an accredited university, have a declared major or course of study relevant to the transportation, travel, and tourism industry and have a cumulative 3.0 GPA.
Selectees are judged on academic merit, character, leadership in their community, financial need and dedication to advancing the transportation, travel, and tourism industry. The ABA Foundation recognizes that diversity is essential in promoting understanding and mobilizing greater involvement in our industry. An impartial committee of educators is responsible for selecting the winners.
Further details and how to apply for the ABA Diversity Scholarhip can be found on their website.
AICPA Minority Accounting Students Scholarships
The American Institute of Certified Public Accountants established this program provide funds for deserving minority students. The Center for Scholarship Administration, Inc. (CSA), a non-profit, independent organization serves as the administrator. Applicants must be students who are underrepresented minorities in the accounting profession (e.g., African American, Hispanic/Latino, Native American or Asian American).
Recipients will receive $5,000 per academic year to be used for the payment of expenses that directly relate to obtaining an accounting education.
For more information and how to begin the application process, visit their website.
ESA Foundation Computer and Video Game Scholarship
The ESA Foundation established their a scholarship program in 2007 to assist women and minority students who are pursuing degrees leading to careers in the Computer & Video Game Arts. Thirty scholarships of $3,000 are awarded annually to applicants who meet the criteria. 15 go to high school seniors and 15 are given to already enrolled college students.
- Be women or minority students
- Pursue degrees leading to careers in computer and video game arts
- Enroll or already be enrolled in a full-time undergraduate course of study at an accredited four-year college or university in the U.S.
- Have a grade point average of 2.75 or above on a 4.0 scale
- Be a U.S. citizen
Details and application information can be found on their website
Gates Millennium Scholars Program
Funded by a grant from the Bill & Melinda Gates Foundation, this program was established in 1999 to provide outstanding African American and other minority students with the financial opportunity to complete an undergraduate college education, in all discipline areas and a graduate education for students who choose to pursue studies in mathematics, science, engineering, education, or library science.
Each year 1,000 students will receive a scholarship to use at any college or university.
For more information about the Gates Millennium Scholars Program, please visit their website.
National Association of Black Journalists Scholarship Programs
The NABJ awards deserving students interested in pursuing a career in journalism. Each scholarship is worth up to $5,000. Scholarships are open to foreign or American born students who are currently attending an accredited four-year college or university in the U.S. or those who are candidates for graduate school. All applicants must be a member of NABJ prior to filing.
- Must major in journalism or a communications-related field
- Must demonstrate a record of community service
- G.P.A must be 2.5 or higher
- An essay is required with the topic being : “How do you see yourself, as a journalist, influencing how news will be gathered and disseminated? What would you improve about the media business?” (1,000 – 2,000 words)
Each applicant must also submit their resume, a cover letter, their official college transcripts, five work samples, and three references. For more information, please visit their website.
Presbyterian Church-U.S.A. Student Opportunity Scholarships
The Presbyterian Church-U.S.A. Student Opportunity Scholarships serves Presbyterian Church (U.S.A.) college students who have chosen majors in Education, Health Service/Science, Religious Studies, Sacred Music, or Social Service/Science by providing financial aid for their third and fourth years of undergraduate studies. Preference in this program is extended to racial ethnic students in order to promote diversity.
– Member of the Presbyterian Church (U.S.A.)
– Completed first and second year of undergraduate work
– Be enrolled full-time
– Have a 2.5 GPA or higher
– Seeking a bachelor degree with emphasis on the missions of the Presbyterian Church (U.S.A.) in the disciplines listed above
– Demonstrate financial need
Application information can be found at their website.
Ron Brown Scholar Program
The Ron Brown Scholar Program seeks to identify African-American high school seniors who will make significant contributions to society. Applicants must excel academically, exhibit exceptional leadership potential, participate in community service activities and demonstrate financial need. All applicants must be either a U.S. citizen or a permanent resident.
Applicants must submit an application, two essays, two letters of recommendation, a high school transcript and a listing of honors and activities. Applications can be printed from their website.
Significant Opportunities in Atmospheric Research and Science (SOARS) Program
The SOARS program was developed to encourage diversity in the atmospheric sciences. SOARS Protégés spend summers at DOE, NASA or NOAA national laboratories just to name a few of the agencies and participate in ongoing research projects that may result in publishable papers. They work with and benefit from long-term mentoring from respected scientists and professionals.
Successful candidates must have:
- Completed the equivalent of two years of college
- At least one semester of college remaining after the initial summer program
- A cumulative GPA of 3.0 or higher
- A declared major in atmospheric science or a related field such as the geosciences, biology, chemistry, computer science, earth science, engineering, environmental science, mathematics, meteorology, oceanography, physics or social science
- Plan to pursue a career in atmospheric or a related science
- Be a U.S.-citizen or have permanent-resident status
For details on how to apply, please visit the SOARS website.
Smithsonian Institution James E. Webb Internship
Internships are offered to minority junior and senior undergraduate and graduate students in Business and Public Administration. This program is designed to promote excellence and diversity in the management of not-for-profit scientific and cultural institutions. All internships are 10 weeks long and have a stipend of $550 per week Travel allowances may be provided.
The deadline is February 1st for summer and fall internships and October 1st for spring internships. Application details can be found at the Smithsonian website.
UNCF-MERCK Science Research Scholarships and Fellowships
UNCF-Merck Undergraduate Science Research Scholarship Awards were developed help African American undergraduate students interested in science to further their education and pursue science careers. These awards provide tuition support and opportunities for research experience in state-of-the-art research facilities. Each annual award is worth up to $35,000, which includes up to $25,000 towards tuition, books, fees and room and boards.
Each UNCF-Merck Undergraduate Fellow will be mentored by a Merck scientist and will receive two Summer Research Internships with minimum stipends worth up to $10,000. One internship will take place in the summer following the junior year and the other in the summer after graduation. The internships will take place at a Merck research facility in Rahway, NJ, West Point, PA or San Diego, CA.
More details on these scholarships and fellowships can be found on their website.
Black Wall Street Merchants Association
Executive Leadership Council
National Black Chamber of Commerce
National Black MBA Association
National Coalition of 100 Black Women
National Urban League
United Negro College Fund
Compare the Best Student Loan Refinance Rates
Here are our top student loan refinance picks for 2019
Sort By :
Student Debt Relief Loan Refinancing Advertiser Disclosure
College Ave: College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
College Ave Refi Education loans are not currently available to residents of Maine.
1 – The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House (“ACH”). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. Variable rates may increase after consummation.
2 – $5,000 is the minimum requirement to refinance. The maximum loan amount is $300,000 for those with medical, dental, pharmacy or veterinary doctorate degrees, and $150,000 for all other undergraduate or graduate degrees. Information advertised valid as of 04/26/2019. Variable interest rates may increase after consummation.
3 – This informational repayment example uses typical loan terms for a refi borrower with a Full Principal & Interest Repayment and a 10-year repayment term, has a $40,000 loan and a 5.5% Annual Percentage Rate (“APR”): 120 monthly payments of $434.11 while in the repayment period, for a total amount of payments of $52,092.61. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
ELFI: Subject to credit approval. Terms and conditions apply. To qualify for refinancing or student loans consolidation through ELFI, you must have at least $15,000 in student loan debt and must have earned a bachelor’s degree or higher from an approved post-secondary institution.
LendKey: Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
CommonBond: Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate.
Splash Financial: Terms and Conditions apply. Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Offers are subject to credit approval.com
Earnest: To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest’s fixed-rate loan rates range from 3.89% APR (with autopay) to 7.89% APR (with autopay). Variable rate loan rates range from 2.50% APR (with autopay) to 7.27% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 0.26% and 5.03% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 23, 2019 and are subject to change based on market conditions and borrower eligibility.
Auto Pay Discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 04/23/19. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice.
Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 303 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, e-mail us at firstname.lastname@example.org, or call 888-601-2801 for more information on our student loan refinance product.