
CHICAGO, IL - JUNE 22: One million dollars in $100 dollar bills is displayed at the Money Museum in the Federal Reserve Bank of Chicago June 22, 2011 in Chicago, Illinois. Established in 1914 the Chicago Fed is one of 12 regional Reserve banks that make up the nation's central bank which helps formulate the nation's monetary policy. Today the central bank said the economy will expand slower than previously thought, marking the second time this year that Fed officials lowered their forecasts for growth. (Photo by Scott Olson/Getty Images)
According to@blackenterprise, Clark Atlanta, Spelman, and FAMU are among a few#HBCUs that are clearing tuition debts for the 2020-2021 academic school year.
As the pandemic continues to disrupt life as we once knew it, the HBCUs decided to use the funds from the federal government to make life a bit easier.
Announcing the message on their Facebook page, Spelman wrote, To address the financial hardships that have taken a toll on students and families over the last year, Spelman College cleared outstanding student balances from AY 2020-2021, an action made possible by the receipt of funds from the federal government.