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Spelman College and Morgan Stanley Announce Inaugural Class of HBCU Scholars Share a Spelman College Press Release


FOR IMMEDIATE RELEASE

Jazmyn Burton
Spelman College
404.798.5212
jburton8@spelman.edu

Katherine Stueber
Morgan Stanley
katherine.stueber@morganstanley.com 

Morgan Stanley Time Square Tick Tock

ATLANTA
(April 14, 2021) – Spelman College and Morgan Stanley today announced its first cohort of students selected to participate in the inaugural HBCU Scholars Program, an integrated initiative to support students at historically Black colleges and universities.

From volunteers at local hospitals to talented musicians, Spelman’s five inaugural Morgan Stanley HBCU Scholars possess impressive resumes that include internships, community service projects and academic achievements.

The goal of the HBCU Scholars program is to set students up on a path to educational attainment and financial independence by lifting the barrier of higher education costs. The four-year scholarships will cover tuition, as well as room and board in order to fully remove financial hurdles to higher education.

“We know that income inequality in the African American community often creates a barrier between the best and brightest students and their college education,” said Mary Schmidt Campbell, Ph.D., president of Spelman. “Through this generous scholarship, our students will have the opportunity to focus on their studies and future careers without the burden of financial debt.” 

In addition, Morgan Stanley is implementing programming aimed at preparing scholars for their post-graduate careers, as well as related programming offered to the broader student body and faculty, including virtual and on-site (post COVID-19) components to complement the on-campus curriculum. To round out the support, the HBCU Scholars Program will include Morgan Stanley mentors and sponsors who will assist the scholars along their journey.

The initiative, which will begin in fall 2021, was developed by Morgan Stanley’s newly established Institute for Inclusion and is a part of the firm’s larger mission to create an integrated, holistic and transparent diversity and inclusion strategy, both internally and externally. Scholars will also be selected from Howard University and Morehouse College.

“Educational attainment is a key focus area for our Institute for Inclusion, which includes investing in the institutions, such as Spelman, that contribute to diversifying the talent pipeline entering the workforce,” said Susan Reid, global head of diversity and inclusion at Morgan Stanley and director of the Institute for Inclusion. “I would like to congratulate the five incoming Spelman students we are welcoming into the inaugural class – we are greatly impressed with their achievements so far and look forward to working with them on their journey to success.”

Spelman College Class of 2025 Morgan Stanley HBCU Scholars:

A'miyah Adams
Philadelphia, Pennsylvania

Cheyenne Cisse
Aurora, Colorado

Kenya Handfield
Miami, Florida

Trinity McKinney
Memphis, Tennessee

Lanasya Thomas
Chicago, Illinois

About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit https://www.morganstanley.com/.

About Spelman College
Founded in 1881, Spelman College is a leading liberal arts college widely recognized as the global leader in the education of women of African descent. Located in Atlanta, the College’s picturesque campus is home to 2,100 students. Spelman is the country's leading producer of Black women who complete Ph.D.s in science, technology, engineering and math (STEM). The College’s status is confirmed by U.S. News & World Report, which ranked Spelman No. 54 among all liberal arts colleges, No. 19 for undergraduate teaching, No. 4 for social mobility among liberal arts colleges, and No. 1 for the 14th year among historically Black colleges and universities. The Wall Street Journal ranked the College No. 3, nationally, in terms of student satisfaction. Recent initiatives include a designation by the Department of Defense as a Center of Excellence for Minority Women in STEM, a Gender and Sexuality Studies Institute, the first endowed queer studies chair at an HBCU, and a program to increase the number of Black women Ph.D.s in economics. New majors have been added, including documentary filmmaking and photography, and partnerships have been established with MIT’s Media Lab, the Broad Institute and the Army Research Lab for artificial intelligence and machine learning. Outstanding alumnae include Children’s Defense Fund founder Marian Wright Edelman, Walgreens Boots Alliance Inc. CEO Rosalind Brewer, political leader Stacey Abrams, former Acting Surgeon General and Spelman’s first alumna president Audrey Forbes Manley, actress and producer Latanya Richardson Jackson, global bioinformatics geneticist Janina Jeff and authors Pearl Cleage and Tayari Jones. For more information, visit www.spelman.edu.

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