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Saturday, November 23, 2024

Tuition Coverage, Debt Forgiveness Help PC Students Weather the Pandemic

Pandemic

Peninsula College issued the following announcement on Feb. 15.

Over 1,600 Peninsula College students will have benefited from nearly $3 million in debt forgiveness and annual tuition coverage by the end of April, thanks to the Higher Education Emergency Relief Fund (HEERF).

Enrolled students may be eligible for up to $2,000 per quarter and a maximum of $8,000 per year for emergency funding from the HEERF monies, which amounts to tuition, fees, and books per year for a typical full-time student. This funding has been pivotal for many of PC’s students, more than 50% of whom are considered low-income.

“These last two years have been filled with countless roadblocks and periods of uncertainty,” said PC Bachelor of Applied Science (BAS) student Timothy Atkisson. “Peninsula’s various programs and grant offerings helped get us through.”

The college will exhaust funds in early spring quarter, according to PC Director of Financial Aid Josh Holloway. The application process for the approximately 400 remaining awards will open the week of March 14 and be disbursed the week of April 18. First-time applicants will be prioritized. 

Funding, which began in April 2020, is being distributed in three waves. Distributions will total $2,928,826 and benefit 1,637 students.

WAVE

Funds received

Student Recipients

Average Award

HEERF I

$580,220

344

$1,686

HEERF II

$580,220

408

$1,422

HEERF III

$2,112,858

1,059

Pending

Students may still apply for financial aid for the 21-22 academic year to see if they qualify for the federal Pell Grant and Washington College Grant.  The priority consideration deadline for spring quarter 2022 is March 1.  For more details for students on the application process, visit pencol.edu/financial/apply-for-aid.

For individuals or families whose financial situation has changed since 2019, financial aid awards may be adjusted to reflect any reductions in employment or income. Contact the financial aid office for more details about this process.

Students wishing to reenroll are encouraged to visit the Get Started webpage at pencol.edu/GetStarted, or contact Enrollment Services at 360-417-6340 or admissions@pencol.edu. 

Original source can be found here.

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