College to erase $4 million in student debt

Published:
Topic:
Associate Degree
Covid19
Students
Madison College is erasing nearly $4 million in student debt.

COVID-19 has caused a lot of financial hardships for college students, but help is on the way.

Thanks to the American Rescue Plan Act, nearly 4,500 students who attended Madison College from spring 2020 to spring 2021 will have their student debt forgiven. That's a total of more than $4 million. The most money forgiven for an individual student was $6,830.

The financial relief opens the door for students who had outstanding debt balances to once again attend classes and fulfill their college dreams.

"The college wants to let students know that we care and are here for them," said Keyimani Alford, dean of Student Access and Success.

But the support doesn't end there. Madison College also received $11 million in emergency federal grants to help students in the upcoming school year who are having difficulty moving forward academically and in life due to COVID-19.

Questions?

To learn more about student debt forgiveness or COVID-19 emergency federal funds, please contact Student Financial Support Services at (608) 246-6170. Additional information is also available through recent media stories in the Wisconsin State Journal and the Milwaukee Journal Sentinel.