University becomes first HBCU to launch prepaid reloadable cards

Delaware State University is making history as the first-ever HBCU to launch its very own prepaid reloadable card, giving students, alumni, and supporters a new, easy way to securely manage their finances while supporting their university. This exciting initiative, made possible through a partnership with HBCU on the Green, is part of DSU’s commitment to providing tools that empower the DSU community and create lasting opportunities for growth.

The DSU Prepaid Card is more than just a way to pay – it’s an opportunity to build financial literacy and independence, stay connected to the DSU family, and give back to the school. Here are some of the card’s key benefits:

• Shop wherever you go: The DSU Prepaid Card works at millions of locations worldwide, both online and in stores, where prepaid cards are accepted.
• Send and receive money instantly: Whether you’re sending money to family or receiving financial aid, you can do it instantly – any time of the day or night.
• Give back to DSU with every purchase: A little bit of every purchase goes directly to DSU, helping support scholarships and other university programs.
• Stay on top of your budget: You can load funds onto your card to help keep your spending in check. It’s a simple way to stick to your budget and foster better financial habits.
• No bank account? No problem: You don’t need a traditional bank account to use the DSU Prepaid Card. It’s a perfect option if you’re looking for an easy, accessible way to manage your money.
• Direct deposit made simple: You can have your paychecks or refunds sent straight to your card – it’s a time-saver and super convenient.
• No credit check, no worries: You can enjoy all the benefits without worrying about a credit check. Verification of identity is required.
• Manage everything from your phone: The mobile app lets you track your spending, reload funds, and more – all in one place.
• Fraud protection and real-time alerts: You’ll feel secure knowing that the card has built-in fraud protection, plus alerts to keep you updated on your account.
• No extra fees when you shop: There’s no fee when you make purchases, just a small $4.95 monthly maintenance fee for students ages 17-25.

“We’re incredibly proud to be the first HBCU to offer a prepaid reloadable card,” said Dr. Dawn Mosley, Interim Administrator of the Division of Institutional Advancement & DSU Foundation and Senior Associate Vice President of Marketing & Communications. “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. We’re excited to provide students, alumni, faculty and staff the option for a Hornet brand card that gives back.”

The next step is for the university to collaborate with campus vendors and local businesses frequented by students to provide exclusive discounts for those using the prepaid Hornet card, Dr. Mosley said.

For more information about how to get your DSU Prepaid Card and start enjoying its benefits, visit HBCUcards.com.