Alcorn State University’s School of Business (ASB) and Hope Credit Union (HOPE) have finalized a memorandum of understanding (MOU) to extend HOPE’s financial products and services to the broader Alcorn State University community.
The MOU also outlines a collaboration that includes the sponsorship of the second year of the “Conversations with the Dean powered by Hope Credit Union” series. This series, along with all subsequent events, will provide a platform for discussions on critical financial topics structured to equip students with the skills and knowledge to make informed financial decisions as they prepare to enter the professional world.
“This partnership goes beyond simple collaboration; it is about creating lasting, sustainable change for future generations,” said Dr. Antwon Woods, dean of the School of Business. “Financial education is undeniably a cornerstone of personal and professional success, and by investing in this area, Alcorn State University is paving the way for a more informed and empowered student body.”
HOPE’s mission is to strengthen the financial health of people in under-resourced communities in the Deep South, with its efforts benefiting more than three million people in Alabama, Arkansas, Georgia, Louisiana, Mississippi, and Tennessee since 1994.
“The partnership with the Alcorn State University School of Business serves as the most recent example of HOPE’s engagement with mission-aligned allies and HBCUs in particular,” said LJ Molden, HOPE senior vice president of Community & Economic Development. “To date, HOPE has invested over $60 million through its lending and investments to support HBCUs across the Deep South.”
The collaboration directly supports Alcorn State University’s mission to prepare students for the workforce by fostering a new generation of changemakers ready to make a difference. Dean Woods is thrilled about the impact of the new MOU on student success and the broader community.
“The implications of this partnership resonate throughout the community, laying the groundwork for economic stability and growth that benefits everyone,” Woods added.
