North Carolina A&T received more than 20,000 gifts during the campaign, which is already paying dividends in research, new centers of excellence and scholarship assistance.

The Department of Education said the Capital Financing loan forgiveness will improve outcomes for institutions, students.

Morgan State's president has been confident that his university would be ready for a traditional return in 2021.

This gift is the largest private donation from an alumnus in the university's 154-year history, and is believed to be the largest alumni contribution to any Historically Black College or University.