Clark Atlanta University is yet the latest HBCU to erase student debt! Yet this time around, things are just a little different. Many schools have cleared debt for the pandemic, but very few have included so many semesters in the cancellation! Learn more about the great news in the release from Clark Atlanta below.
Clark Atlanta University President Dr. George T. French, Jr. announced today that student account balances for Spring 2020 – Summer 2021 will be canceled and cleared. The university is canceling all student account balances for the Spring 2020, Summer 2020, Fall 2020, Spring 2021, and Summer 2021 semesters by bringing them to a zero balance.
This initiative will have no impact on the students’ future financial aid eligibility because of this one-time outstanding balance cancellation.
The university’s ability to provide this crucial relief to students is just a part of the “Momentum” CAU has experienced in the last 16 months. Throughout this unprecedented period, a substantial amount of support has been received from the federal government under the CARES Act Higher Education Emergency Relief Fund (HEERF). These funds have enabled CAU to support students in many ways: • Provided emergency financial aid dollars
• Refunded a pro-rated amount of housing and meal charges for Spring 2020
• Discounted tuition and fees for the entire 2020-2021 academic year
• Purchased 4,000 laptops from Dell Computers for every financially enrolled student
• Purchased hotspots to give students with limited or no internet access in their homes
“We understand these past two academic years have been emotionally and financially difficult on 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 CAU education,” said President French. “Their academic and professional future is important to me and the entire Clark Atlanta University family. We care about students and want to lighten their individual and family’s financial load so they can continue their journey in pursuing and attaining their educational and professional goals.”