Scholarships

NBMBBA Atlanta Scholarship Program

July 21, 2011

The National Black MBA Atlanta Chapter Scholarship Program has been in existence since 1982.  The Scholarship Program promotes the NBMBAA mission of increasing the number of successful

African-Americans in the community by providing scholarships to outstanding deserving minority students within the Atlanta metropolitan area.

Scholarships are available at the following levels:

  • High School (Leaders of Tomorrow)
  • Undergraduate
MBA
  • PhD

Scholarship application deadline is August 19, 2011.

Program information and applications are available on NBMBAA Atlanta website at www.atlbmba.org.  Look under the “Student Affairs” main tab.

Please contact scholarships@atlbmba.org with questions.

Note that applicants are responsible for submitting all required information. Only completed applications will be considered.

Does an Athletic Scholarship Cover Everything?

July 15, 2011

The answer is no. The article in Higher Ed provides insight into the scholarship gap, or the gap in what an athletic scholarship covers and the actual costs of attending college. The NCAA specifies, under 15.02.5, that a full grant-in-aid is financial aid that consists of tuition and fees, room and board, and required course-related books. However, colleges themselves provide a COA (Cost of Attendance) for prospective students that is a higher number, sometimes much higher depending on where a student is from, estimating the real costs of attending college (transportation, living expenses, etc.). Subsequently, a college-bound student athlete who accepts a full athletic scholarship to a school within his or her home state may have a substantially lower COA than a student who accepts an athletic scholarship to a college or university across the country.

Tuition costs outpacing financial aid

July 10, 2011

Now, as much as ever, students must have a college plan that will assist them in paying the huge cost of college tuition. Earning a scholarship, getting admitted into a highly selective college that offers needs-based financial aid can make all of the difference. However, the students who will find it most difficult to afford college are also the students who are among the least likely students to have the appropriate plan.

According to the National Center for Public Policy and Higher Education June 2011 Policy Alert:

  • College tuition at both 2-year and 4-year colleges is outpacing family income
  • Students’ financial-aid packages are not keeping pace with tuition costs
  • 44 percent of low-income students attend community college while only 15 percent of high-income students do
  • Community Colleges account for approximately 40 percent of all postsecondary enrollment
  • Graduation rates at community colleges are among the lowest

The most likely students to attend community college are:

  • Students from low-income families
  • First in their family to attend college
  • From underrepresented racial or ethnic group
  • 38 percent of students whose parents did not graduate from college attend community college while only 20 percent of students whose parents graduated from college attend community college
  • 50 percent of Hispanic students; 31 percent of Black students; and 28 percent of White students attend community college
  • In Arizona, California, Illinois, Mississippi, New Jersey, New Mexico, and Texas, over 50 percent of Black and Hispanic students attend community college
  • None of these states graduate as many as half of its community college students