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‘Your Accounts Have Been Cleared’: This HBCU Surprised Grads by Forgiving Their School Debt (Watch)

Wilberforce-graduation
Wilberforce graduation, 2021

*Graduates at Wilberforce University got an unexpected parting gift during the school’s commencement ceremony.

“Your accounts have been cleared and you don’t owe Wilberforce anything,” said Elfred Anthony Pinkard, president of the private historically Black university in Ohio, who surprised the graduating classes of 2020 and 2021 by clearing their school debt.

“Because we are in awe of your strengths and perseverance. Because you have made your family and yourselves proud. Because you have shown you are capable of doing work under difficult circumstances. Because you represent the best of your generation, we wish to give you a fresh start,” Pinkard said. Students immediately erupted in loud cheers and applause with many of those who gathered at the Gaston Lewis Gymnasium raising their hands in the air and jumping up and down.

In an online statement, the president said the school is “honored to be able to give them a fresh start by relieving their student debt to the university.”

Watch video of the announcement and reaction from several students in the WDTN news report below:

 

The total amount of debt cleared is more than $375,000. According to the school, 166 students graduated on Saturday. The school was able to wipe account balances through a number of scholarships, including from the United Negro College Fund and Jack and Jill of America.

Graduate Rodman Allen said in a school press release that he’s going to use the extra money to “invest into my future.”

Wilberforce University is located about 60 miles from Cincinnati and tuition costs just over $13,000 per year for full-time undergraduate students. Founded in 1856, it is the country’s oldest private HBCU, owned and operated by African Americans, according to its website.

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