Black scholarships abound for college students

African-American students are still very much under-represented in America's colleges and universities, according to Yohuru Williams, vice president of the American Institute for History Education and associate professor of History at Fairfield University, in an e-mail interview with Money College.

The gap in bachelor degree attainment between African-Americans and white students has grown since the 1960s and 1970s. Additionally, black male students are significantly under-represented with 63% of all African-American undergraduates being women.

Money is still a contributing factor to the achievement gap between black and white students. Some students aren't aware that black scholarships are available. The "I can't afford college myth" keeps black students from moving forward into higher education.