Student Loans: Cheney University Uses Incentive Money To Erase Unpaid Student Bills

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CHANEY, PA – Cheney University, the country’s oldest college for blacks, has announced that it will void unpaid student bills since the COVID-19 pandemic began.

Southeastern University of Pennsylvania said on his Facebook page on Friday that in light of the difficulties faced by students and their families, he will write off student balances for the spring 2020, fall 2020 and spring 2021 semesters.

“The university will use the funds received under the federal stimulus package to settle these accounts,” the statement said.

IN Philadelphia Inquirer Reports that President Cheney Aaron Walton said he expected approximately $ 400,000 to be spent on the benefit of 180 students, who would have written off an average debt of more than $ 2,200.

“Our students have been through a lot in the past 18 months, and we want to do everything in our power to ease that burden,” Walton said. “After our students have removed this financial burden, we look forward to meeting them on campus next semester, focusing on academics, not debt.”

Other institutions have also used the millions of incentive funds they received to help students whose education may have been disrupted in the past year and a half. Some schools compensated students for lost wages or helped them avoid loans for upcoming semesters, while others accounted for unpaid student bills.

Cheney, which has about 550 students on campus in Chester and Delaware Counties, was founded in 1837. Alumni include civil rights activist Octavius ​​W. Catto; Bayard Rustin, chief organizer of the 1963 march to Washington; and 60 Minutes TV journalist Ed Bradley.

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