Exelon Awards $2.4 Million in Scholarships to 24 Students at Historically Black Colleges and Universities

HBCU Corporate Scholars Program, in partnership with UNCF, helps students access higher education and build a foundation for career readiness

Exelon Corporation and the Exelon Foundation have committed $2.4 million in scholarships to 24 college freshmen selected for the company’s HBCU Corporate Scholars Program, launched in partnership with UNCF to provide scholarship assistance, internship experiences and early-career readiness training to students attending historically Black colleges and universities (HBCUs).

“We continue to be grateful for our partnership with UNCF and our prestigious HBCU partners that are helping to develop motivated young people eager to lead the transformation to a clean energy future.”

Each student will receive $25,000 of need-based aid per year for four years – a total of up to $100,000. This cohort is the first to participate in the program, which was announced in fall 2021. The program will help prepare HBCU students for rewarding careers at Exelon and in the energy industry.

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“Congratulations and welcome to our first 24 HBCU Corporate Scholars. Our 18,000 Exelon employees wish you success as you embark on a tremendous learning opportunity,” said Chris Crane, president and CEO of Exelon. “We continue to be grateful for our partnership with UNCF and our prestigious HBCU partners that are helping to develop motivated young people eager to lead the transformation to a clean energy future.”

Students enrolled in their first year at an HBCU and who reside in Delaware, Illinois, Maryland, New Jersey, Pennsylvania or Washington, D.C.—the home regions of Exelon’s six utilities—were eligible to apply for the program. UNCF manages the program and consistently engages student scholars to support their academic progress and personal and professional development. Among UNCF’s engagement activities is internship preparation focused on connecting students with an internship at Exelon germane to their academic interests in one or more of business administration, business management, engineering, finance, information technology and supply-chain management. All students apply for summer internships as part of the program.

“This gift is an exciting new venture for Exelon, and we thank them for this new program,” said Maurice E. Jenkins, Jr., executive vice president and chief development officer, UNCF. “Exelon has been and continues to be an active supporter of our mission for many years, and we look forward to growing and continuing our partnership.”

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Students selected for the Exelon HBCU Corporate Scholars Program:

Name

Hometown

HBCU

Adetola Bamgbose

Owings Mills, Md.

Morgan State University

Hashone Carry

Sewickley, Pa.

Lincoln University

Giovanni Casson

Dover, Del.

Lincoln University

Kennedy Cole

Chicago, Ill.

Spelman College

Nolanda Graves

Washington, D.C.

University of the District of Columbia

Bernice Hightower

Newark, N.J.

Howard University

Michael Johnson

Washington, D.C.

Howard University

Diamond Knox

Chicago, Ill.

Lane College

Jaylin Lee-Sumlin

Greenbelt, Md.

Clark Atlanta University

Emmanuel Marfo

Hyattsville, Md.

North Carolina Agricultural and Technical State University

Josiah McNeal

Homewood, Ill.

Clark Atlanta University

Tolulope Oluyadi

Upper Marlboro, Md.

Howard University

Kolbe Parnell

Baltimore, Md.

Morgan State University

Anise Puckett

Lockport, Ill.

Spelman College

Jaida Robinson-Clark

Philadelphia, Pa.

Howard University

Khaiyani Rowe

Blue Bell, Pa.

Clark Atlanta University

Noelle Smith

Elkins Park, Pa.

Howard University

Ashanta Smith

Darby, Pa.

Lincoln University

Kiley Strong

Washington, D.C.

Howard University

Hnin Swe

Washington, D.C.

University of the District of Columbia

Fallon Warnick

West Chester, Pa.

North Carolina Agricultural and Technical State University

Da’Lonna Wells

Randallstown, Md.

Morgan State University

Courtland Wilson

Calumet City, Ill.

Morehouse College

Ari Yates

Baltimore, Md.

Morgan State University

Nearly 200 Exelon employees are HBCU alumni.

The HBCU Corporate Scholars Program is in total a $3 million commitment and one of several Exelon initiatives that support education and workforce development. Exelon is helping bridge the gender and racial gap in STEM careers with the annual Exelon Foundation STEM Leadership Academy, and the recently launched Green Lab Grants program, which will provide $1 million in grants of up to $50,000 each for schools and educational nonprofits to create and refresh spaces for STEM education. Together, Exelon and its utilities—Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco—have more than 65 unique workforce development programs designed to bring economic equity, empowerment and employment opportunity to under-resourced communities. The individual Exelon utilities with HBCUs in their service areas also provide additional support to those institutions beyond this initiative.

These commitments extend outside of Exelon’s walls through philanthropic support of similar work by other organizations in the community. In 2021 alone, Exelon, the Exelon Foundation and Exelon’s operating companies provided nonprofits with nearly $16 million in grants for education programs.

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Exelon FoundationHBCU CorporatePartnershipSTEM Leadership AcademyUNCFworkforce development
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