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Howard University former student employee Tyrone Hankerson Jr. at the center of financial aid scandal

Howard University MELTDOWN . . . Students Claim Administration May Have STOLEN MILLIONS . . . Ask For President To STEP DOWN

An explosive report revealed earlier today that six Howard University employees stole more than a million dollars from the school and have now been fired after a whistle-blower exposed the theft on social media, reports NBC.

Now, Tyrone Hankerson Jr. a former student employee has been named at the center of the controversy. Hankerson Jr allegedly scammed $ $429,000 from Howard’s financial aid coffers.

Hankerson Jr. has now deactivated all of his social media accounts, but that doesn’t mean the internet doesn’t still have receipts. Photos of the former Howard Law student show him living his best life with expensive clothes, designer bags and even a personal videographer to chronicle the best parts of his life.

Hankerson Jr. has since issued a statement to ABC News thanking his supporters and saying that “I have done nothing illegal or wrong. When the truth comes out, it will be confirmed that I followed all rules and protocol with the approval of the then financial aid officers in any grants, scholarships or awards given to me as a student who attended class all year round and traveled abroad.”

Follow the money

Earlier today, Howard University’s president Wayne Frederick released a statement acknowledging that an audit of their 2006 to 2016 records found that there were university grants that were awarded to some employees that were also receiving tuition remission. But the funds were mishandled and taken by those employees, which equaled more than the cost of attendance, allowing them to receive “inappropriate refunds.”

“While this has been a very difficult and disappointing situation, I know our campus community deserves better and I am committed to insuring that each of our campus offices operate with integrity and are the best that higher education has to offer,” said Frederick.

An outside auditor spearheaded the investigation and once the misappropriation of funds was determined, the school alerted the Department of Education in July 2017. By September, the six employees were fired for “gross misconduct and neglect of duties.” And a whistleblower shared the information earlier today on the blogging platform, Medium(which has since been deleted.)

Frederick released a statement, outlining new policies implemented after the incident including all awards of university grants are now reviewed and approved by the Budget Office prior to being awarded by the Financial Aid Office.

Hankerson Jr. still has a lot to answer for as the meme’s and posts of disdain created in his honor continue to grow on Twitter by the minute. Here are just a few to sample:

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Howard_Drama

Howard University is in the midst of the WORST CRISIS in the history of the University. Last night a whistleblower offered evidence that suggests that senior Howard officials may have stolen millions of Dollars in financial aid money at the prestigious university.

The records were obtained by a Howard University financial aid administrator and how that Howard University officials received nearly $1 Million in financial aid funds between 2013 and 2017 in what is being labeled an "office-wide scandal".

From Medium article - allegedly details of Financial Aid received from Howard U employee


From Medium article - allegedly details of Financial Aid received from Howard U employee

From Medium article - allegedly details of Financial Aid received from Howard U employee


From Medium article - allegedly details of Financial Aid received from Howard U employee

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Comment by Natalie on March 29, 2018 at 2:50pm
This is such a shame because HBCUs have been fighting with the government for more funding for years now and this type of egregious misappropriation of funds is rediculous and should have been avoided with the proper checks and balances. It’s not as if they took small sums of money over say 10 yrs this was a lot of money in a short span of time. On most HBCU campuses the building are dilapidated the majority of the nation’s tenured black faculty are at HBCUs but earned their doctoral or other secondary degrees at traditionally white institutions, which will not take them on as tenured staff members. I did not attend an HBCU mainly because they are very cheap when it comes to scholarships and slow with paperwork so I went elsewhere, but since my brothers attended HBCUs I am very familiar with their bs.
Comment by vaughn mitchell on March 28, 2018 at 9:39pm
Not surprised, the president of the black college I graduated from did the same thing. Sad s***. The white colleges invest their money and put it back in their school, build brand new buildings, but the black colleges not so.

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