Trump Tax Proposal Could Put Black Scholarships at Risk

0:00A U R N News. The Trump administration is proposing an IRS rule targeting private schools and colleges that use race and admissions, scholarships, financial aid, athletics or other programs even when stated purpose is correcting past discrimination. For black families, this could mean fewer scholarships, recruitment programs, mentoring opportunities and campus initiatives designed to close racial gaps. Private HBCUs would not lose their exemption simply for serving predominantly black students, but any program with race-based eligibility could face scrutiny. The administration says race neutral factors, including income, zip code, hardship or first generation status can still be used, but those categories do not always capture the specific barriers created by race. The financial threat is enormous. A school that loses its 5013C status could owe federal taxes while donors lose the ability to deduct contributions. For A U R N News, I'm Ebony McMorris.

1:16The conversation starts here first. Streaming now on Roku, just search Amplify VoicesTV, download the app and start watching instantly. Amplify VoicesTV Delivery Entertainment Daily.