Home Invites Members Groups Events Careers Videos News Photos Blogs Polls Singles Forums Chat
Home > News > Post Content

Delaware State University cancels nearly $750,000 in outstanding balances to more than 200 graduating seniors (3290 hits)


Delaware State University officials announced today that it will cancel up to $730,655 in student debt for recently graduated students who have faced financial hardship during the COVID-19 pandemic. Antonio Boyle, Vice President for Strategic Enrollment Management, estimated that the average eligible student will qualify for about $3,276 in debt relief.

“Too many graduates across the country will leave their schools burdened by debt, making it difficult for them to rent an apartment, cover moving costs, or otherwise prepare for their new careers or graduate school. While we know our efforts won’t help with all of their obligations, we all felt it was essential to do our part,” Mr. Boyle said.

Mr. Boyle also noted that 87%, above the national average, of Delaware State University graduates are either entering their career of choice or graduate school within six months of Commencement. The funds necessary to cancel these students’ debt became available through the federal government’s American Rescue Plan for COVID-19 relief.

University President Tony Allen explained the significance of debt relief action, saying, “Our students don’t just come here for a quality college experience. Most are trying to change the economic trajectory of their lives for themselves, their families, and their communities. Our responsibility is to do everything we can to put them on the path.”

Dr. Allen pointed out that such debt reduction is consistent with Delaware State University initiatives to keep student debt manageable. “We haven’t raised our tuition in over six years; we issue every incoming student an iPad or a MacBook; we are replacing traditional textbooks with less expensive digital editions, and our Early College High School saves the average family of nearly $50,000 in college expenses.”

Last year, the annual US News &. World Report assessment of America’s top colleges lists Delaware State University among the top 1% in Social Mobility, which is defined as “enrolling and graduating large proportions of disadvantaged students.”

Dr. Allen says he is also optimistic about Senate Bill 95, which would extend the University INSPIRE scholarship from half the tuition for four years to full tuition for eligible Delaware students. Earlier this month the legislation, sponsored by Senator Trey Paradee, passed the Senate unanimously, 21 – 0.

“Great universities have to go a step beyond ordinary,” said Dr. Devona Williams, the Chair of the University’s Board of Trustees. “This is that kind of moment for us.”
Posted By: Reggie Culpepper
Thursday, May 13th 2021 at 5:53PM
You can also click here to view all posts by this author...

Report obscenity | post comment
Share |
Please Login To Post Comments...
Email:
Password:

 
More From This Author
BEL-AIR Free Virtual Advanced Screening and Exclusive Q&A: RSVP Now! Space Is Limited!
Honda Delivers 2021 Civic Type R Limited Edition to Sweepstakes Winner; Fan-driven Project Supports TMCF
Build Your Skills and Win Cash at the 2021 Unum Innovation Challenge: HBCU Edition
Black Women Talk Tech's 5th Annual Roadmap To Billions Was An Event Unlike Any Other!
Virginia State University Announces Nation's 1st HBCU Center For Policing Leadership and Social Justice
Virginia State University Honors Black Women In Campus Buildings Renaming
Alabama State University Releases Reopening Guide for Fall 2021: “Still Mask Mandatory”
NASA Awards Alabama State University Million Dollar Grant to Advance Engineering/STEM
Forward This Article Entry!
News Home

(Advertise Here)
Who's Online
>> more | invite 
Latest Photos
>> more | add
Most Popular Bloggers
agnes levine has logged 51514 blog subscribers!
tanisha grant has logged 35462 blog subscribers!
elynor moss has logged 4667 blog subscribers!
gregory v. boulware, esq. has logged 4563 blog subscribers!
min sammy jackson has logged 2456 blog subscribers!
>> more | add