This scholarship program is designed to provide support to minority students who have demonstrated resilience in overcoming obstacles to pursue their higher education goals. By alleviating some of the financial burden associated with college expenses, the scholarship aims to empower students to focus on their academic and professional development without the hindrance of excessive debt.
The wealth gap frequently prevents them from having the necessary financial resources to afford college tuition, leading many to rely on student loans. Unfortunately, the burden of student loan debt, compounded by high interest rates, often becomes a barrier to achieving long-term financial stability.