During #GivingTuesdayNow, we have an opportunity to demonstrate to the world that while we may be physically distant, we remain connected through generosity. #GivingTuesdayNow is a new global day of giving on May 5, 2020 as an emergency response to the unprecedented need caused by COVID-19.
Like many other institutions, Morehouse College is navigating financial impacts due to the COVID-19 pandemic:
- Current estimates put the immediate budgetary impact of COVID-19 at Morehouse College around $7 Million. The full extent of the pandemic's impact is yet to be seen, and we recognize that there will be many more challenges and uncharted territory ahead.
- Whether we are able to open for in-person instruction in the fall of 2020 or expand offerings online until it is safer for faculty, staff and students to return in 2021, enrollment is expected to decline. The economic impact of Covid-19 will mean fewer families — especially black and Hispanic ones at the lower end of the household income scale — will be able to afford college tuition.
- Given the pandemic's widespread disruption, it is unclear how many students who are offered admission will enroll in the fall. This combined with an expected dip in the number of returning students and a decrease in the international student population, will almost certainly lead to further budget shortfalls.
Morehouse will brave these uncertain times and thrive for another 153 years—and more—with your help! We are driven by our mission and the belief that Morehouse College is needed in today's world even more than ever before.
The impact of this pandemic is felt by everyone. You may be concerned about the health of your friends and family, the toll this is taking on the local and global economy, or about what the future holds. Yet, even in times of crisis, we each have a deep reserve of generosity. Now more than ever before we need to come together for Morehouse College.