pillar
Rising Men of Morehouse Support for Students Access to a Morehouse education should be about ability—not ability to pay. As the costs of providing higher education rise and government support dwindles, colleges and universities across the country are tackling the imperative to make education more accessible and affordable.
not just for today, but far into the future. Student emergency funds provide short-term financial support to assist with unexpected, unforeseen, and unavoidable emergency expenses.
Every rising Man of Morehouse must have the opportunity to complete his education and earn the distinction of becoming a Morehouse Man. Many of our students, like their peers nationwide, struggle to meet the costs of a college education. Financial barriers can make the journey difficult or even end it before graduation; lack of funding is a major factor for students who do not complete their degrees.
Approximately 50 percent of our scholars come from households earning less than $40,000 per year, and more than 80 percent of Morehouse students receive financial aid in the form of grants, scholarships, and loans. Additional support for scholarships and incentives to attract the most talented men from around the world will allow us to offer a Morehouse education to future leaders who will solve complex problems and make a global impact.
Cost also can prevent top scholars from choosing a Morehouse education in the first place. And the competition in higher education for gifted students of color is fierce. Leading liberal arts colleges, top-ranked public universities, and Ivy League institutions all vie for many of the same high-achieving students of color, offering full scholarships and a multiplicity of other incentives. S U C C E S S B E G I N S W I T H ACC E S S .
Scholarships are the most direct and effective way to offset the costs of education. They enable scholars to focus on their studies without worrying about finances—and to begin their futures without overwhelming debt. Endowed scholarships grow in perpetuity to create opportunities for students
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T H E CA M PA I G N F O R M O R E H O U S E CO L L E G E
C R E AT I N G F I N A N C I A L S U S TA I N A B I L I T Y— FOR STUDENTS AND THE INSTITUTION.
Campaign Goal
$200 million Campaign Priorities
Merit- and need-based scholarships Emergency funds Support services Six in ten Morehouse scholars take out federal loans to pay for their education. Their families also tend to invest in their Morehouse education, which drains family finances. Black households have the lowest median net worth, lagging behind Asian, white, and Latin Americans families. Taking on student loan debt further exacerbates the wealth gap between Blacks and other racial groups.
Realizing excellence means graduating every Man of Morehouse. To meet our strategic goal to increase all of our financial aid resources over the next five years and reach a 90 percent, sixyear graduation rate by 2026, additional financial support will be essential. We are working toward a future in which our endowment will allow the financial flexibility to support all deserving scholars, and the scholarships we offer students will be need blind. As more alumni and friends become involved in this goal, Morehouse will ensure that every qualified student—regardless of finances—can afford an education.
H O W FA M I L I E S A R E PAY I N G F O R A M O R E H O U S E E D U CAT I O N
47%
Percentage of Morehouse students receiving Pell Grants
67% 0
20
40
60
Percentage of Morehouse students/families taking out federal loans
80
100
