Fayetteville State University Clears Over $1.6 million in Outstanding Balances
|
Posted By: Kennedy Williams on July 06, 2022 With average student loan debt nationally greater than $37,000 in 2022, financial constraints can mean the difference between a student continuing their education and graduating — or not. On the heels of our nation celebrating Independence Day, however, leaders at Fayetteville State University are removing financial barriers to ensure students continue their progress towards a degree. For the second straight year, FSU is applying pandemic relief funding to clear outstanding balances for students who attended the university from Summer 2021 through Spring 2022. Last summer, FSU applied $1,629,228 to clear the balances for 1178 students during this time, enabling them to return to school this fall without worrying about additional debt. Combining this summer (2021 and 2022), FSU has cleared more than $3,283,187 in total outstanding balances for 2367 students. The University applied funding from The Higher Education Emergency Relief Fund III (HEERF III), part of the American Rescue Plan signed into law on March 11, 2021. “Financial barriers are the number one obstacle our students must overcome to achieve their dream of earning a college degree,” said FSU Chancellor Darrell T. Allison. “We will do all we can to help keep our costs down for our students making their path to a degree more accessible. Assisting in our students’ financial independence in such a tangible and meaningful way is not only rewarding, but also the right thing to do.” FSU is also playing a significant role in curtailing higher education costs and making a college education even more attainable as an NC Promise school. Beginning fall 2022, not only will returning students have zero balances on their accounts, but tuition rates will also be reduced to $500 for North Carolina students and $2500 for out-of-state students. That translates to a savings of nearly $2,000 for in-state students and nearly $10,000 for out-of-state students in tuition alone for the academic year. Moreover, for qualified military connected students (veterans, active duty, spouse and dependent), tuition will be free. “Access and affordability are crucial to student success and rank among FSU’s top priorities,” said Jennifer K. Addison, controller in the FSU Office of Business and Finance. “Our ability to resolve these past balances is a game-changer for our students — leveraging this funding to meet their needs is a major step towards ensuring our students continue their education and graduate.” SOURCE Fayetteville State University If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
 |
Kennedy Williams
From Loganville, GA Spelman College class of 2020 Member Since July 2016 |
Comments
More From This Author
Latest News
 |
Register Now For MissionTech: Virtual Hiring Event For Military Veterans, Transitioning Service Members, and Military SpousesSharing an upcoming opportunity for veterans, transitioning service members, and military spouses interested in tech! Maximus is hosting MissionTech on Oct. 28, a virtual hiring event where attendees ...more
Reginald Claremont • 109 Views • October 13th, 2026 |
 |
HBCUConnect Releases Summer/Fall 2026 Alumni Magazine Celebrating HBCU Excellence, Career Opportunities, and CultureExplore the latest issue featuring the Top 50 Employers for HBCU Graduates, alumni success, HBCU research, homecoming traditions, and more. HBCUConnect is excited to announce the release of its Summer ...more
Reginald Claremont • 124 Views • October 13th, 2026 |
 |
Sucré Couture and National Alumnae Association of Spelman College Celebrate Spelman Sisterhood with Undaunted By The FightSucré Couture, in collaboration with the National Alumnae Association of Spelman College (NAASC), celebrates the bold spirit, resilience, authenticity, and enduring sisterhood of Spelman alumnae throu ...more
Reginald Claremont • 73 Views • October 13th, 2026 |
 |
Memphis Legend Project Pat to Headline LeMoyne-Owen College's "LOCHELLA" Homecoming Music FestivalMemphis rap legend Project Pat will headline LeMoyne-Owen College's free "LOCHELLA" Homecoming Music Festival on Saturday, October 24, 2026, capping a homecoming celebration of music, culture, and HBC ...more
Roger Gates • 97 Views • October 13th, 2026 |
 |
Online Master's in Organizational Leadership: Education Leadership TrackLeadership for the future of education Education is changing fast and its leaders need more than good instincts. Brown's online Master of Science in Organizational Leadership now offers an Education L ...more
Reginald Claremont • 1,334 Views • October 8th, 2026 |
Popular News
 |
Louisiana Upholds Life Sentence to Black Man For Stealing Hedge Trimmers in 1997While this may not be HBCU related news, as an AFrican American male, I had to share this appalling decision by the Louisiana court system to keep a man in jail with a life sentence for such a petty c ...more
Roger Gates • 405,984 Views • August 6th, 2020 |
 |
Blonde Instagram Model Goes Viral for Graduating from HBCU and Pledging Delta Sigma Theta!A blonde woman is going viral this morning, for graduating from A Historically Black College while pledging a Black sorority, Delta Sigma Theta Sorority Incorporated.
@Blonde_HBCU
The woman, an IG ...more
Roger Gates • 190,324 Views • November 30th, 2020 |
 |
Apple to Invest over $40 Million Dollars into HBCUs - Time to major in Computer Science!!!On Tuesday Johnny C. Taylor, President and CEO of the Thurgood Marshall College Fund stopped by “NewsOne Now” to make a major announcement that could literally change the lives of thousands of HBCU st ...more
Roger Gates • 131,098 Views • March 11th, 2015 |
 |
North Carolina HBCU Unity DayShaw University - Elizabeth City State University - Johnson C. Smith University - Fayetteville State University - Livingstone College - North Carolina A&T State University - North Carolina Central Uni ...more
Reginald Claremont • 118,580 Views • August 8th, 2016 |
 |
Black Billionaire Robert F. Smith to Donate $50 Million to Support STEM Students at HBCUsThe Student Freedom Initiative announced today a $50 million personal gift from Robert F. Smith, philanthropist and Founder, Chairman and CEO of Vista Equity Partners. This gift matches the initial fu ...more
Roger Gates • 86,708 Views • October 22nd, 2020 |
