Church. In 1870, the college was chartered as Shaw University in 1870, honoring the Reverend S. O. Shaw, who made a gift of $10,000 to the institution which, adjusted for inflation, is the equivalent of approximately $250000 in 2024.
In 1892, to avoid confusion with Shaw University in Raleigh, North Carolina, the institution changed its name to Rust University—a tribute to Rev. Richard S. Rust of Cincinnati, Ohio, a preacher, abolitionist, and the secretary of the Freedmen's Aid Society, who helped found the college. In 1915, the institution assumed the name Rust College. Rust College is the oldest of the 11 historically black colleges and universities associated with The United Methodist Church, the second oldest private college in Mississippi.
The college welcomed their new President Ivy Taylor on June 1, 2020.
== Academics ==
Rust College maintains five divisions or departments of study: Division of Education, Division of Humanities, Division of Science and Mathematics, Division of Social Sciences, and …