CAU settles unpaid student account balances for 2020-2021
To encourage its students to continue their education, Clark Atlanta University (CAU) announcement that the outstanding student account balances from spring 2020 to summer 2021 have been settled.
AAU President Dr George French Jr. confirmed by A press release that all student accounts for Spring 2020, Summer 2020, Fall 2020, Spring 2021 and Summer 2021 have been reduced to zero balance. In addition, this law will have no impact on a student’s eligibility for financial aid since it is a one-time cancellation.
“We understand that the past two academic years have been emotionally and financially difficult for students and their families due to the Covid-19 pandemic. That is why we will continue to do all we can to support their efforts to complete their studies at UAC, ”French said.
“Their academic and professional future is important to me and to the entire Clark Atlanta University family. We care about students and want to lighten the financial burden on their individual and their families so that they can continue their journey in the pursuit and achievement of their educational and professional goals, ”he added.
Federal aid to the rescue
All funds used to settle student accounts will come from the CARES Act Emergency Relief Fund.
Federal aid money has also been used to buy 4,000 laptops for financially disadvantaged students and to install Internet hotspots for students with little or no Internet access at home. Most importantly, the school was able to provide emergency financial assistance, reduced tuition and fees, as well as pro-rated reimbursements for accommodation and meals plans.
CAU is the latest in a series of colleges trying to ease the financial burden students have taken on due to high tuition fees and economic stress from the pandemic.
The Philadelphia Community College recently announced that it will use $ 2.75 million to settle the outstanding balances of 3,500 students so that they can enroll in the upcoming fall semester.
South Carolina State University will also write off $ 9.8 million in student emergency loans debt. However, students who have taken out loans from private institutions and the federal government will not be eligible for the exemption.