Bank of America Gives $560,000 Grant to Help Build Career Services Center at NJCU
Bank of America is making a $560,000 donation to the Career Services Center at New Jersey City University to aid in the effort to help students of color successfully complete the education and training necessary to enter the workforce and embark on a path to success.
The unique grant is the largest single corporate gift and most significant investment in career development in NJCU’s history, school officials said. The investment is in the form of a four-year grant that will address racial, ethnic and income inequality.
Access to good jobs and meaningful careers is key to closing the racial and ethnic wealth gap. Students of color often face daunting challenges, including financial hardship, lack of guidance in choosing courses that will help them achieve success, and lack of internship and skill-building opportunities to prepare for career readiness.
Bank of America officials said the company is working to address these issues as part of its $1.25 billion, five-year commitment to help advance racial equality and create economic opportunity by focusing on priority areas of jobs/education/skills, health, small business and housing.