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GOOG Alphabet Inc

168.83
0.37 (0.22%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alphabet Inc NASDAQ:GOOG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.37 0.22% 168.83 168.68 169.30 169.85 164.98 169.49 22,768,008 05:00:05

Google Gives $50 Million in Grants to 10 HBCUs

17/06/2021 8:07pm

Dow Jones News


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By Kimberly Chin

 

Alphabet Inc.'s Google will give $50 million in grants to 10 historically black colleges and universities (HBCU), as a way to help close the gap in Black representation in the technology industry, the company said.

Each institution will get a one-time unrestricted financial grant of $5 million, Google said.

The grants will go toward helping Black students with scholarships, supporting their schools' technical infrastructure in classrooms and in support of remote learning and developing curriculum and career support programs, the company said.

The HBCUs that will receive the grant are Morgan State University, Prairie View A&M University, Spelman College, North Carolina A&T State University, Claflin University, Florida A&M University, Tuskegee University, Howard University and the nonprofits Thurgood Marshall College Fund and the United Negro College Fund that helps support students of HBCUs.

Around 25% of African-American graduates have STEM (science, technology, engineering and mathematics) degrees, according to UNCF.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

June 17, 2021 15:00 ET (19:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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