North Carolina Central University issued the following announcement on Dec. 27.
North Carolina Central University (NCCU) is continuing efforts to assist students by allocating approximately $8 million to cover unpaid balances and provide textbooks, e-book vouchers and housing allowances for students with economic need.
In November, the university cleared nearly $4.5 million in outstanding tuition and fees for approximately 1,347 students with account balances greater than $500.
“NCCU has worked diligently to provide students aid, but also the essentials needed to support student success,” said Akua J. Matherson, chief financial officer and vice chancellor for Administration and Finance at NCCU. “This initiative increases the retention and graduation rates of students enrolled at NCCU.”
For the spring 2022 semester, NCCU will earmark approximately $4 million in book vouchers to all students to cover the cost of their textbooks and e-books. Students will be provided up to $750 dollars in vouchers, with part-time students receiving $400.
The Department of Residential Life also offered a $1,500 housing stipend for all students living in on campus housing during the 2021-2022 academic year, with students receiving $750 each semester.
The funds came from the Higher Education Emergency Relief Fund, part of the Coronavirus Aid, Relief and Economic Security (CARES) Act. This is the university’s third initiative this year to provide financial support to students. In June, NCCU cleared over $10 million in outstanding tuition and fees and waived costs for its summer session for more than 5,200 students.
Original source can be found here.
Source: North Carolina Central University
