Truist Foundation Awards $1 Million for MicroBachelors Programs

Truist Foundation Awards $1 Million for MicroBachelors Programs

The Truist Foundation (formerly known as the SunTrust Foundation) has announced a $1 million grant to edX, a nonprofit education platform, in support of the organization's MicroBachelors programs.

MicroBachelors programs are credit-backed, stackable credentials designed for adults who do not have a college degree. The affordable programs do not have admission or application requirements and can be completed online for transferable credit. The initial MicroBachelors offerings include Computer Science Fundamentals from New York University and IT Career Framework from Western Governors University. Additional programs from Arizona State University are expected to be available soon.

"The SunTrust Foundation's financial support of MicroBachelors programs is invaluable, as is Truist's recognition of the programs' continued learning opportunities," said Anant Agarwal, edX founder and CEO. "Both edX and Truist are committed to providing opportunities for lifelong learning, and we look forward to seeing the impact these programs will have on people pursuing higher education."