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Old 06-12-2007, 04:23 PM
Low C Sharp Low C Sharp is offline
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I know one of the biggest problems at my alma mater when I was a student and now is the cost. Spelman has one of the largest (if not the largest, I can't rmember) endowments of HBCUs, but when you compare it to a school like Emory Univeristy which is in the same city, it is peanuts. As a result, Spelman can't compete with the Emorys and Smiths of the world when it comes to scholarship dollars
Yes, this is a central part of the issue, and your whole post is very wise. Talking about this disparity doesn't have to be read as an attack on anyone's alma mater; it's a call to help the schools you love to do even more for their students. Meeting the financial needs of current undergrads should be the number one fundraising priority for alumni of any school. (As far as I know, Princeton is the only university in the world that meets 100% of its undergrads' financial need solely through endowment funds; every other school relies on donations for some (or all) of its scholarship program.)
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Last edited by Low C Sharp; 09-20-2011 at 04:39 PM.
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Old 06-12-2007, 04:47 PM
KAPital PHINUst KAPital PHINUst is offline
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Originally Posted by Low C Sharp View Post
Yes, this is a central part of the issue, and your whole post is very wise. Talking about this disparity doesn't have to be read as an attack on anyone's alma mater; it's a call to help the schools you love to do even more for their students. Meeting the financial needs of current undergrads should be the number one fundraising priority for alumni of any school. (As far as I know, Princeton is the only university in the world that meets 100% of its undergrads' financial need solely through endowment funds; every other school relies on donations for some (or all) of its scholarship program.)
Very much on point, and one of the reasons why I left an HBCU; I was pulling top grades out the gate and I wasn't getting no money. I wasn't going to continue to pay my way through school and excel under those conditions.

btw, true story; I applied for a Central State University scholarship through the Columbus Urban League while attending a community college. I even asked before I applied if I could apply under those conditions (as opposed to being a high school student), and they said yes. Later on my application was denied because, you guessed it, I wasn't a soon-to-be high school grad. I wanted to slap somebody so bad for wasting my time. If the Urban League was paying my tuition I would've stuck it out at CSU for at least a full school year. O well, it's their loss.
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