Exelon Partners with UNCF to Give $3 Million in Scholarships for Students to Attend Historically Black Colleges and Universities
HBCU Corporate Scholars Program will allow 24 students in Exelon service areas to attend historically Black colleges and universities.
October 26, 2021
CHICAGO — Exelon has partnered with UNCF (United Negro College Fund) to launch the Exelon HBCU Corporate Scholars Program, which will provide African American students with four years of scholarship assistance, opportunities for summer internships and early career readiness support to help prepare them for rewarding careers at Exelon and within the energy industry. The scholarships, valued at nearly $3 million, will provide 24 students with $100,000 each – or $25,000 per year for four years — and will be administered by UNCF. Students who reside in Delaware, Illinois, Maryland, New Jersey, Pennsylvania and Washington, D.C., are eligible to apply for the Exelon HBCU Corporate Scholars Program.
“It is imperative that we engage, educate and inspire the next generation of leaders and equip them with the tools and resources they need to prepare for their professional careers,” said Chris Crane, Exelon president and CEO. “At Exelon, we know that a diverse, equitable and inclusive culture leads to greater innovation and better outcomes for our customers and communities. It is our hope that these HBCU Scholars benefit from the academic, professional and financial support and ultimately come to work for Exelon after they graduate.” The new partnership complements Exelon’s ongoing support for schools and educational institutions within its local markets, including the following HBCUs:
- BGE - Morgan State, Coppin State and Bowie State
- Constellation – Texas Southern University, Prairie View A&M University, Huston-Tillotson University
- Delmarva Power - Delaware State and University of Maryland Eastern Shore
- PECO - Cheyney and Lincoln Universities
- Pepco -- Howard University and University of the District of Columbia
Though there are no HBCUs in Illinois, partnerships exist with Chicago State University, City Colleges of Chicago, DePaul University, Illinois Tech and University of Illinois at Chicago.
Eligible students can click here to apply for the Exelon HBCU Corporate Scholar Program.
For more information about Exelon’s commitment to the communities it serves and educating tomorrow’s workforce, click here.
