Talladega College Reveals Innovative Plan for Strengthening Financial Health

This month, Talladega College, a revered historically Black institution in Alabama, held a press briefing to inform the community about its financial progress. A key development was a substantial $15 million working capital loan from Hope Credit Union to assist with debt consolidation and vendor payments. Additionally, the college has engaged Ruffalo Noel Levitz for enrollment strategies, alongside Birmingham agency Wilbron for marketing support. Contributions from the United Negro College Fund and CCS Fundraising will enhance endowment efforts. Notably, students will not face tuition increases during this period, and a presidential decision is forthcoming.