University gives funds to students without loans | news

A little over a month ago, on August 10, the university sent an email entitled: COVID-19 Aid Disbursed To Student Accounts. It contained information on student debt relief and the COVID-19 cash payout.

In the email, the University of Louisiana at Lafayette said it had repaid 1,195 student debts over a period of time.

“To qualify, students must be enrolled on or after March 13, 2020. The university reduced the debts it had incurred between the spring 2020 and spring 2021 semesters. If a student enrolled in spring 2020 had an account balance from a previous semester, this was also allocated, ”the email says.

However, later in the email it was stated that it was just a matter of debt to the university.

Students who took out loans to pay tuition fees were not refunded.

“The debt relief only applies to student balances owed to UL Lafayette,” the email said.

According to DeWayne Bowie, vice president of enrollment management and former director of the Financial Aid Office, this was allowed because of the COVID-19 reimbursement by the federal government.

“So we decided to put some of our assignment aside to help the students we saw. You still owe the institution, ”Bowie said. “And so we’re putting some of our 2.7 million dollars aside, to be precise, to help our students and to make up for the compensation they owe the institution.”

He also said that after September 14, students should start seeing reimbursements under the CARES III / HEERF III law. That is also federal money.

“And this to help them with any COVID-related expenses they may have had, and that’s why we’re going to be giving this money to our students this fall,” Bowie said.

He added that there will be another federal grant in the coming spring semester.

He also pointed out that the majority of students who are enrolled are entitled to a certain amount of money.

“Pretty much every enrolled student and student on campus will get something,” Bowie said.

And while they were still working on certain amounts, the email sent out on Aug. 10 made generalizations, according to Bowie.

Students who enrolled on a Pell Scholarship for more than six hours will receive $ 900, according to the email, while those without a scholarship will receive $ 600.

Those students who have less than six hours but are on a Pell scholarship will receive $ 600, and the other students without a Pell scholarship will receive $ 500.

Graduate students with a minimum of five hours receive $ 600. If they have less, they get 500.

However, this is subject to revision.

This money is grant money, as it has been released in the past, and it does not have to be repaid.

“Students do not have to provide evidence of the use of funds. Unlike loans, grants don’t have to be repaid, ”the email said.

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About Natalee Broderick

Natalee Broderick

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