Are you looking for a scholarship opportunity? Are you a student attending a college that is part of the Historically Black Colleges and Universities (HBCUs)?
Are you a lawful or permanent citizen of the United States? Are you a black student looking for financial aid?
Well, the McDonald’s Black and Positively Golden Scholarship was created just for you.
OVERVIEW OF THE MCDONALDS BLACK AND POSITIVELY GOLDEN SCHOLARSHIP
McDonald’s USA, in alliance with the Thurgood Marshall College Fund (TMCF) and Alkeme, created the Black and Positively Golden Scholarship for students attending historically black colleges and universities.
The scholarship was created in 2020. According to “Moving Upward and Onward”, a study done by Samuel DeWitt, the HBCU has more students who go through upward mobility than every other institution.
It was stated that about seventy percent (70%) of the institution’s students are middle-class income earners.
Consequently, McDonalds, fully aware of the impact the institution has on black youth, created the scholarship to encourage and elevate the black community as well as create a means for students who desire to acquire a degree at HBCU to actualize this dream.
The HBCU, launched in 2020, is a program created to help alleviate the strain on many of the families of the students who attend HBCUs, who cannot support their children financially due to the impact of COVID-19.
The Black and Positively Golden Scholarship supports determined students who are dedicated to attaining success, irrespective of the situation they find themselves in.
The scholarship has greatly influenced the lives of students such as Olivia Harris, who expresses her gratitude to the scholarship body for giving her enough time to focus on attaining educational excellence.
The Black and Positively Golden Scholarship Program is one of the establishments created by McDonald’s to aid in achieving its commitment to supporting these individuals who are determined to achieve success.
All through its twenty-year partnership with the Thurgood Marshall College Fund, McDonald’s has put in millions of dollars as investments to provide support directly or indirectly to benefit the students as well as the organization.
Marty Gillis, New Jersey McDonald’s Franchisee and National Diversity Marketing Committee Lead, said that the company is honored to provide support to the students of HBCUs who are finding it hard to get finances due to the impact of the COVID-19 pandemic.
Annually, McDonald’s awards five hundred thousand dollars to current and incoming students at HBCUs.
The scholarship is usually given to 34 students who meet the eligibility standards. This year, the organization has decided to go bigger by awarding sixty-three (63) students who need financial aid scholarships.
The students are usually awarded fifteen thousand dollars ($15,000) in scholarship funds. And the funds for the 2023–2024 academic school year are no exception.
The awarded students receive seven thousand, five hundred dollars ($7,500) per academic session.
SUMMARY OF THE MCDONALDS BLACK AND POSITIVELY GOLDEN SCHOLARSHIP
The Black and Positively Golden Scholarship was created in 2020 out of the need to support the black communities that were finding it difficult to make ends meet due to the devastating impact of the Corona Virus Pandemic.
The company provides scholarships with grants of fifteen thousand dollars ($15,000) to thirty-four (34) students who attend historically black colleges and universities.
It does this to show its determined and unwavering support for the black community.
The scholarship was created to encourage communities and foster excellence. It uplifts pride and cultural artistry as well as celebrates the excellence of the Blacks.
McDonald’s USA is a company that strives to provide educational opportunities in the communities it serves.
The Black and Positively Golden Scholarship is one of the company’s ways of giving to and supporting the community.
The scholarship is administered through the Thurgood Marshall College Fund and it will award one million dollars to a total of sixty-three students considered eligible for the scholarship by meeting the eligibility standards and requirements.
The scholarship has provided opportunities for many students at HBCUs to focus on their education and attain higher educational excellence.
It aims to provide an education-friendly environment for students who need financial aid. The program has so far changed the lives of many in a positive way.
Students awarded receive grants of fifteen thousand dollars ($15,000); seven thousand and five hundred dollars are allocated per academic year.
Tuition fees and other educational fees are covered.
Students who are awarded the 2024 Black and Positively Golden Scholarship gain access to mental health resources from partners and operators of the program.
Recipients of the award will receive a subscription to Alkeme for one year.
REQUIREMENTS, ELIGIBILITY, AND CRITERIA FOR MCDONALDS BLACK AND POSITIVELY GOLDEN SCHOLARSHIP
- Students who wish to apply for the scholarship should be at least eighteen (18) years of age.
- Applicants should be enrolled full-time as a freshman, junior, sophomore, or senior in an HBCU during the academic session of 2023-2024.
- Applicants must possess a minimum cumulative grade point (CGP) of 2.7.
- Applicants must be lawful or permanent residents of the United States.
- Students who wish to apply for the scholarship must demonstrate financial need.
- He or she must demonstrate strong leadership qualities.
APPLICATION FOR THE MCDONALDS BLACK AND POSITIVELY GOLDEN SCHOLARSHIP
NOTE: Students who wish to apply for the MCDONALDS BLACK AND POSITIVELY GOLDEN SCHOLARSHIP 2024 should upload a professional image of themselves.
They must also use two minutes, maximum, to answer the video question: “Education is one of the most vital ways to empower the expression of black excellence in the life of an individual, their family, and their community.
How will your continued education empower you to achieve black excellence?
After the submission of the video, applicants will then be questioned about their status as McDonald’s team members.
Students who are eligible and wish to apply for the scholarship can do so via the site, www.tmcf.org
Deadlines: The application for the MCDONALDS BLACK AND POSITIVELY GOLDEN SCHOLARSHIP 2024 opens on the 2nd of November and closes on the 27th of March, 2024.
FOR FURTHER DETAILS, VISIT THEIR OFFICIAL WEBSITE: www.mcdonalds.com
FREQUENTLY ASKED QUESTIONS
What is the McDonalds Black and Positively Golden Scholarship Program?
The scholarship, as stated above, is a scholarship provided by McDonald’s in partnership with the Thurgood Marshall College Fund (TMCF). The scholarship was created to help students at HBCUs whose parents are not financially stable enough to see them through college.
The scholarship provides opportunities for these students who desire to complete higher education to achieve their dream by providing them with the necessary funds.
The scholarship was created in response to the impact of COVID-19 on black parents. Since its inception, the company has provided 34 scholarships annually to students with an aid of fifteen thousand dollars ($15,000).
The 2024 scholarship program is different in that it is to be awarded to 63 students instead of the usual 34. This is a golden opportunity for the students of HBCUs to leverage.
What is the deadline for the 2023 McDonald’s Scholarship?
The deadline for the application for the MCDONALDS BLACK AND POSITIVELY GOLDEN SCHOLARSHIP 2024 Program is March 27, 2024.
What is the amount of funds awarded for the 2023 McDonald’s Scholarship?
The amount awarded in the MCDONALDS BLACK AND POSITIVELY GOLDEN SCHOLARSHIP 2024 awards is fifteen thousand dollars ($15,000). This award of one million dollars ($1,000,000) in total is to be given to 63 people in the 2023–2024 academic session.
The MCDONALDS BLACK AND POSITIVELY GOLDEN SCHOLARSHIP provides golden opportunities to eligible students who attend.
What’s more? It’s even increased the number of recipients this year.
Are you eligible? With this number increasing, you stand a higher chance of being awarded this year.
Apply now and make your educational experience easier as you attain educational excellence.