HIGH POINT — It looks like Bennett College will reach its $5 million goal.
High Point University announced Friday it is standing with Bennett with a gift of $1 million. This is the biggest donation Bennett has received since it began its aggressive fundraising effort two months ago in an effort to hold onto its accreditation.
The HPU gift raises Bennett’s fundraising total to $4.8 million. Bennett officials said this amount doesn’t include a flood of contributions received late this week as well as other significant gifts that the college hasn’t yet made public.
Bennett President Phyllis Worthy Dawkins said after Friday’s announcement that she’s sure the college will hit its fundraising target.
Bennett leaders had said previously that Friday was its fundraising deadline. But the college said it will extend the deadline through the weekend as it counts and audits its contributions. The college said it plans to announce its total at noon Monday.
HPU President Nido Qubein announced this million-dollar donation late Friday at a ceremony that was part news conference, part church service and part pep rally. Qubein said that the university’s faculty and Board of Trustees approved the gift in large part because the schools have much in common: They’re both private, they’re both in Guilford County and they’re both affiliated with the United Methodist Church.
“Bennett will cross this chasm successfully,” Qubein said. “We as a neighbor school cannot stand by and let Bennett just somehow go down a valley that’s less than extraordinary.”
When Qubein announced the amount — Bennett students had gotten word earlier that afternoon that a major gift was imminent — the crowd inside the Hayworth Memorial Chapel erupted in cheers.
Dawkins raised her fist in the air. The Bennett students on one half of the chapel stood and screamed, waved their hands and stomped their feet. The rest of the room — Bennett employees, trustees and alumnae, HPU faculty and staff, elected officials and other supporters of the two colleges — stood and applauded for nearly a full minute.
“All I can say is wow, wow, …” said Dawkins, who had on the same blue “Stand With Bennett” T-shirt that her students and many other supporters have worn since mid-December. “I am overwhelmed by the support.”
Dawkins said she met Qubein shortly after she became Bennett’s interim president in 2016. The two have kept in touch, and Qubein, she said, was one of the first college leaders to call her Dec. 11 after the Southern Association of Colleges and Schools Commission on Colleges decided to revoke Bennett’s accreditation. Commission officials said Bennett fell short of its standards for having sufficient financial resources.
Colleges must be accredited to accept federal Pell Grants and student loans as payment for tuition, fees and other expenses. Non-accredited colleges often close. Bennett has appealed the commission’s ruling and remains accredited for now.
Bennett had been on probation for the two prior years — the most allowed under the commission’s rules — after sharp declines in enrollment led to budget deficits. In 2017-18, Dawkins’ first full year as permanent president, enrollment rose and the college posted its first annual surplus in six years. Bennett expects to have another budget surplus this year.
The college has about 410 students enrolled in the spring semester — down about 60 students from the fall. (Colleges typically lose students from one semester to the next.) But Bennett officials have said it has received about 4,000 applications for a spot in next fall’s freshwoman class. That’s almost double what the college got a year ago.
A couple of weeks ago, Dawkins asked Qubein and N.C. A&T Chancellor Harold Martin to pull together a meeting of area college presidents to talk about Bennett’s plight. Qubein said he came away from that lunch meeting at Bennett with admiration for the grit and determination of the college’s president, the professional achievements of its graduates and the college’s history and unusual spot in the higher education landscape. Bennett — founded in 1873 to train former enslaved persons to become teachers — is now just one of two historically black women’s colleges in the nation.
Qubein said he and other college leaders also were impressed by the fundraising campaign. The campaign started with Bennett students posting the hashtag #StandWithBennett on Twitter and Instagram and the college selling “Stand with Bennett” T-shirts and asking for help. This grass-roots effort attracted media attention, a few celebrity endorsements — and then thousands of donations from alumnae, friends, churches, sororities and numerous other groups from across North Carolina and the nation.