Delaware State University has become the first-ever HBCU to launch its own prepaid reloadable card. This move offers a fresh and innovative way for students, alums, and supporters to manage their finances while giving back to their university.

The DSU Prepaid Card is made possible through a partnership with HBCU on the Green. This initiative simplifies everyday transactions and enhances users’ financial literacy, allowing DSU to provide vital financial tools that promote growth and independence.

DSU Prepaid Card Flexes

The DSU Prepaid Card offers a range of benefits. Users can shop at millions of locations worldwide where prepaid cards are accepted, both online and in-store. Moreover, the card makes managing finances on the go flexible and convenient, with simple, instant money sending and receiving.

One of the most distinctive features of the DSU Prepaid Card is that a portion of each purchase goes directly back to the university, supporting scholarships and university programs. The card also encourages users to stay on top of their budgets by allowing them to load funds and maintain better spending habits.

“This card is about more than just money – it’s about creating financial opportunities, instilling the value of supporting each other, and strengthening the bonds of our DSU community,” said Dr. Dawn Mosley, interim Aaministrator of the Division of Institutional Advancement & DSU Foundation, and senior associate vice president of marketing & communications. “We’re excited to provide students, alumni, faculty and staff the option for a Hornet brand card that gives back.”

That’s not all. Perhaps one of its most appealing aspects is the accessibility it offers. No traditional bank account is required, direct deposit options are available, and users can receive their paychecks or refunds straight onto their cards.

Additionally, the card includes fraud protection features and real-time alerts. While there is a monthly maintenance fee of $4.95 for students ages 17-25, purchases incur no extra fees.

More To Come

Looking ahead, Dr. Mosley indicated that the university plans to collaborate with local vendors and businesses to offer exclusive discounts for those using the prepaid Hornet card, further incentivizing community support.

For more information on obtaining a DSU Prepaid Card and reaping its benefits, click here.  

This article sources information from Delaware State University.