November 6th 2023.
PepsiCo is demonstrating their commitment to the success of Historically Black College and University (HBCU) students with an impressive $250,000 in grants to tackle food insecurity on their campuses. Five universities will receive $50,000 each, including Morgan State University, Prairie View A&M University, Florida A&M University, Jackson State University, and Bethune-Cookman University.
The donation is designed to help students who struggle to pay for their education and their next meal. Food insecurity is a real issue for college students, and those at HBCUs are hit the hardest. Data from the National Postsecondary Student Aid Study shows that nearly 40% of HBCU students report being food insecure.
These funds will support existing efforts to help students, from expanding food pantry capacities to providing long-term skills to avoid food insecurity. PepsiCo is also supplying free meals to approximately 2,000 students at select universities during their winter finals weeks in December.
"As a longtime supporter of HBCUs, PepsiCo has always aimed to help students thrive, both on campus and beyond," said Kent Montgomery, Senior Vice President, Industry Relations and Multicultural Development, PepsiCo. "Our donation to tackle food insecurity is another example of our commitment to empower students and ensure their success in every aspect of their educational journey."
The HBCU Tour is an effort by PepsiCo and Doritos SOLID BLACK to provide resources and a platform for elevating Change-makers in local communities. This includes on-campus events, intimate dinners emphasizing local businesses, and the opportunity to interact with PepsiCo leadership.
PepsiCo's support of HBCUs is an inspiring example of how brands and organizations can make a real impact in the lives of students and their communities. The grant will go a long way toward supporting the 37,500 students confronting food insecurity and helping them focus on their education.
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