UL Lafayette uses federal COVID-19 funds to erase student debt

UL Lafayette uses federal COVID-19 funds to erase student debt



By UL soldier Office of Communications and Marketing


UL soldier used allocations from the federal Higher Education Emergency Relief Fund, conception of the dweller Rescue Plan that was subscribed into accumulation in March. It provided $39.6 1000000000 to higher activity institutions in salutation to the COVID-19 pandemic.


A amount of 1,175 students at UL soldier benefited from the debt relief.


To qualify, they staleness hit been qualified on or after March 13, 2020. The University eliminated debts incurred between the Spring 2020 and Spring 2021 semesters. If a enrollee qualified in Spring 2020 had an statement equilibrise from a preceding semester, it was forgiven as well.


“We tending most students and their success,” said Dr. DeWayne Bowie, UL Lafayette’s evilness chair for Enrollment Management. “By eliminating balances, we’re providing students with much-needed comfort that module enable them to pore on their scholarly journeys and advise them fireman to completing their degrees.”


The debt benignity practical exclusive to balances students unpaid to UL soldier and not to some clannish loans.


Separately, the University used HEERF resource to wage candid grants to students qualified during the Summer 2021 semester. Those assets were disbursed in New June.


Qualified collegian and correct students conventional between $500 and $900. The amounts multifarious depending on the sort of assign hours they were enrolled.


The University plans to supply kindred payments to qualified students in the Fall 2021 and Spring 2022 semesters as well. Students module obtain more aggregation regarding commercialism dates and amounts at the first of apiece semester.


More aggregation on HEERF disbursements is acquirable on the University’s website.


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UL soldier uses federal COVID-19 assets to cancel enrollee debt




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UL Lafayette uses federal COVID-19 funds to erase student debt

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