National News

Philander Smith College Receives Largest Donation In Its 134-Year History

The Little Rock-based institution was awarded a $2.5 million endowment, marking the largest individual gift the school has received in its 134-year history. The donation—which was given by an anonymous donor—will help fund Philander Smith College’s Generational Access and Affordability Pro-gram (GAAP). The initiative is designed to eradicate socio-economic barriers that impact access to higher education. The program aims to take a holistic approach to addressing the individual needs of students, so they don’t have to rely on student loans to advance their education. Research shows HBCU students are disproportionately affected by loan debt burdens. […]