Howard is joining the growing list of HBCUs leading the charge in creating equity for students by alleviating debt.
Howard University recently announced it will clear unpaid balances for juniors and seniors under increased financial burden due to the COVID-19 pandemic.
To date, over 20 HBCU’s have or are currently offering students some form of financial relief in response to the pandemic.
According to President Wayne A.I. Frederick, students who have an expected family contribution of $0 and an outstanding balance for the Spring 2021 semester will receive a credit to their accounts that completely eliminates their current debt.
As reported on the schools website.
“Howard University is committed to holistically supporting our students and removing barriers they may encounter on the road to graduation,” said Frederick in an email to students.
“During the course of the pandemic, we know that many students experienced unforeseen financial hardships that put their plans for pursuing higher education in jeopardy.”
“In total, we have distributed over $27 million in direct cash payments, waived fees, emergency housing and meal assistance, and provided other supportive services to students since March 2020 to ensure they could afford their education and living expenses.”
“I am pleased to announce that Howard is continuing these efforts by alleviating more student debt with the intent of increasing the chances for students to complete their degree programs.”
Do you think this move from Howard University will help the students?