Columbia Launches New Scholarship for Students from Historically Black Colleges

The new scholarship fund aims to support graduates who have had to deal with systemic adversities

Columbia Business School has announced a new scholarship fund thanks to a private donation made by Robert F. Smith, CEO of Vista Equity Partners. The Robert F. Smith ‘94 Scholarship Fund will support successful applicants in the 2022-23 academic year with a partial to full scholarship. The funds are expected to be available over the next ten years.

The fund will support around two hundred students and is aimed at graduates from “historically Black colleges and universities, who have overcome systemic hardships or challenges in their academic pursuits, or who have demonstrated a strong commitment to engaging diversity.”

Columbia President Lee C. Bollinger said that “Robert Smith is to be commended for supporting talented students who have been underrepresented in higher education and for his sustained commitment to expanding access to the nation’s colleges and universities."

The new fund will help boost Columbia’s ongoing aim to foster diversity through several measures, such as mentoring for high-school students from disempowered communities.

Columbia currently ranks among the top 10 MBA programs in the U.S.

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