Massachusetts Hispanic Scholarship Fund Inc
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Mission Statement
The goal of the Massachusetts Hispanic Scholarship Fund is to address some of the most challenging issues Hispanic students and families face in navigating scholarships while providing an impactful scholarship of its own. As a 501 c3 charitable organization we seek to work with high schools in the Commonwealth that have the largest Hispanic communities with the greatest need.
About This Cause
The Massachusetts Hispanic Scholarship Fund began in 2019 and was formed out of an abundance of need to address the high cost of college for Massachusetts Hispanic students and families and confront the challenges of navigating the complex scholarship process for this student base. According to Forbes, the average cost of attending a four-year college or university in the United States rose by 497% between the 1985-86 and 2017-18 academic years, more than twice the rate of inflation. Since 2020, Community Colleges enrollment in Massachusetts and nationwide have declined dramatically. The Boston Globe reports that the sharpest drop in enrollment among community colleges statewide came at Roxbury Community College, which is down 35 percent from the fall of 2019. Cost is a major factor in the decreased enrollment at Community Colleges. Yet, 25% of community college students are Hispanic and Hispanics have seen the most significant increase in the attendance of community colleges, up 10% since 2008. The number of Hispanic students enrolled in all colleges rose from 3.17 million in 2016 to 3.27 million in 2017, making them the highest increase of all demographic groups in college attendance, according to the National Center for Education Statistics. That’s nearly double the 1.4 million Latino students who attended college in 2000. About 70% of Latino undergraduates in higher education come from families in the bottom half of earners, according to federal data analyzed by the college lobbying group the American Council on Education. Nearly half of Latino students are the first in their family to go to college, according to data analyzed by Excelencia. As first generation students, Hispanic and Latino families often struggle to realize the many challenges in navigating the college process from tuition, room and board costs and other expenses to the dizzying array and complex nature of scholarships, grants and loans offered.