Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Delaware State University Forgives $700K In Student Loans For Graduates Affected By Coronavirus Pandemic

by Crystal Gross
May 17, 2021
Reading Time: 1 min read
0
student loans debt forgiveness

istockphoto

Share on FacebookShare on Twitter

A university chose to put its American Rescue Funds relief to good use by canceling $700k in student loans.

Delaware State University forgave more than $700,000 in student loans for over 200 recent graduates affected by the ongoing COVID-19 pandemic, PEOPLE reported.

It will be covered by the university’s funds it received from the federal American Rescue Plan for COVID-19 relief.

On Wednesday, the historically Black and public university shared the good news that loans of $730,655 will be allotted to cover the average student debt of $3,276 for more than 220 students.

“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,” said Antonio Boyle, Vice President for Strategic Enrollment Management.

“While we know our efforts won’t help with all of their obligations, we all felt it was essential to do our part,” Boyle added.

In March, Education Secretary Miguel Cardona allowed colleges and universities to use their funds from President Joe Biden’s stimulus plan — which gave out $1.9 trillion — for student needs, including grants, scholarships, and canceling the debt.

“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,” DSU President Tony Allen said in a statement.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: Delaware state universityHBCUloan forgivence

Related Posts

Ukraine Flight Crash
News

Man Pretended to Be a Flight Attendant and Flew Free Over 100 Times—Now He’s Facing 30 Years

June 15, 2025

A South Florida man is facing serious time after finessing his way into over 100 free airline flights by pretending...

Trump Administration Eyes Travel Ban Expansion Targeting Nigeria, Ghana, Ethiopia, and Over 30 Other Countries
News

Trump Administration Eyes Travel Ban Expansion Targeting Nigeria, Ghana, Ethiopia, and Over 30 Other Countries

June 15, 2025

The Trump administration is preparing to widen its controversial travel restrictions, and this time it’s targeting dozens of nations—many of...

Air India Offers $30K Interim Compensation to Crash Victims' Families and Survivor
News

Air India Offers $30K Interim Compensation to Crash Victims’ Families and Survivor

June 15, 2025

Air India has announced interim compensation of about $30,000 for each family of the victims of the Ahmedabad plane crash, and for...

Wife of Fugitive Accused in Minnesota Lawmaker Shooting Found with Guns and Cash in Car
News

Wife of Fugitive Accused in Minnesota Lawmaker Shooting Found with Guns and Cash in Car

June 15, 2025

The wife of suspected Minnesota shooter Vance Luther Boelter, Jenny Boelter, was detained during a traffic stop in Onamia, MN, at approximately...

Next Post
universal orlando

Guests At Universal Orlando No Longer Have To Wear Masks Outdoors

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d