HU Expands Prudential Partnership, Receives $1M Grant to Advance Education Programs

Partnership to strengthen quality of education, expand Fellows programs for students and faculty

HAMPTON, Va. (December 15, 2023) – Hampton University James T. George School of Business announced the expansion of its strategic relationship with Prudential Financial. To enhance the Hampton-Prudential codeveloped educational programs and launch new initiatives, Prudential is providing an additional $1 million grant to Hampton University.

With the new grant, the university will offer new scholarship and mentorship opportunities, including expanding the Prudential-Hampton Fellows program that is open to all first-year and second-year business school students. Prudential will also launch a new Faculty Fellowship, which includes a two-week immersive financial education experience at its headquarters in Newark, NJ. Additionally, the partnership will support campus facility improvements, technology investments, and educational sessions on product development, marketing, and corporate social responsibility.

The Hampton University and Prudential partnership began in 2010 with a $1 million pledge and is an example of Prudential’s ongoing commitment to Historically Black Colleges and Universities (HBCUs), which have been pivotal in advancing the economic mobility of Black Americans. Supporting HBCU students and communities helps reduce student financial burdens and remove structural barriers to Black economic empowerment and generational wealth building, which is a key component of Prudential’s Blueprints to Black Wealth initiative.

“The opportunity to attend Hampton University is a life-changing experience,” said President Williams, who possesses a unique understanding of the student experience, having graduated with the Class of 1983. “Prudential’s grant – and the fulfillment of our 10-year partnership – is helping create student experiences and programs that can bring more Black students into finance, technology, and investment professions.”

“Thank you to the Prudential team for the vision and dedication to providing the means to expand our infrastructure, provide mentorship and modeling opportunities for students and faculty, and offer access to strategies that will widen the pipeline to building generational wealth. Prudential’s collaboration and support ensures our students can persist through their college experience and reach their full potential.”

In addition to the grants supporting Hampton University James T. George School of Business, Hampton Athletics has also benefited from Prudential’s support of the university’s homecoming game and its appearance in the 2023 Brick City Classic.