New River Community and Technical College has written off more than $400,000 in outstanding student balances. Federal stimulus funds from the “American Rescue Plan” were used to pay off student balances owed to the college.
“Financial hardship can keep students from completing their program of study,” explained New River CTC President Dr. Bonny Copenhaver. “By using the federal funds to assist our students, we’re helping them to get closer to the career that they are working toward.”
New River CTC notified students earlier this month that their balances had been paid for fall 2021. Students from the previous five terms, spring 2020, summer 2020, fall 2020, spring 2021 and summer 2021, have also had their balances paid using federal stimulus funds.
Since 2020, New River CTC has distributed over $688,000 in emergency grant funds directly to college students.