SEVERE WX : Wind Advisory View Alerts
STREAMING NOW: Watch Now

UL Lafayette Uses Federal COVID-19 Funds to Erase Student Debt

Photo courtesy of Doug Dugas / University of Louisiana at Lafayette

The University of Louisiana at Lafayette has erased $2.7 million in student debt.

Posted: Aug 10, 2021 11:40 AM
Updated: Aug 10, 2021 11:46 AM

LAFAYETTE, La. - The University of Louisiana at Lafayette has erased $2.7 million in student debt.

UL Lafayette utilized allocations from the federal Higher Education Emergency Relief Fund, part of the American Rescue Plan that was signed into law in March. It provided $39.6 billion to higher education institutions in response to the COVID-19 pandemic.

A total of 1,175 students at UL Lafayette benefited from the debt relief.

To qualify, they must have been enrolled on or after March 13, 2020. The University eliminated debts incurred between the Spring 2020 and Spring 2021 semesters. If a student enrolled in Spring 2020 had an account balance from a previous semester, it was forgiven as well.

“We care about students and their success,” said Dr. DeWayne Bowie, UL Lafayette’s vice president for Enrollment Management. “By eliminating balances, we’re providing students with much-needed relief that will enable them to focus on their academic journeys and move them closer to completing their degrees.”

The debt forgiveness applied only to balances students owed to UL Lafayette and not to any private loans.

Separately, the University utilized HEERF funding to provide direct grants to students enrolled during the Summer 2021 semester. Those funds were disbursed in late June.

Qualified undergraduate and graduate students received between $500 and $900. The amounts varied depending on the number of credit hours they were enrolled.

The University plans to issue similar payments to registered students in the Fall 2021 and Spring 2022 semesters as well. Students will receive more information regarding payment dates and amounts at the beginning of each semester.

More information on HEERF disbursements is available on the University’s website.

Photo credit: Doug Dugas / University of Louisiana at Lafayette

Lafayette
Clear
61° wxIcon
Hi: 71° Lo: 59°
Feels Like: 61°
New Iberia
Clear
60° wxIcon
Hi: 71° Lo: 61°
Feels Like: 60°
Ville Platte
Clear
57° wxIcon
Hi: 70° Lo: 56°
Feels Like: 57°
Abbeville
Clear
61° wxIcon
Hi: 73° Lo: 63°
Feels Like: 61°
Crowley
Clear
58° wxIcon
Hi: 71° Lo: 59°
Feels Like: 58°
St. Martinville
Clear
60° wxIcon
Hi: 70° Lo: 59°
Feels Like: 60°
Opelousas
Clear
57° wxIcon
Hi: 71° Lo: 57°
Feels Like: 57°
Cool and Breezy Thursday

Latest Video

Image

Breezy and Cool Thursday Weather

Image

The Great Resignation of 2021

Image

The winds of change are coming

Image

Healthy Spooktacular Halloween Treats

Image

Kid Lit Pick of The Week: "I Need My Monster"

Image

Tax Tips: How To File As LLC

Image

Tracking Severe Weather

Image

Plant lovers Increase During The Pandemic

Image

Indoor mask Mandate Debate

Image

Breaking Down the Wednesday Severe Weather Threat

Community Events