Over the past 16 months, Mercer County Community College (MCCC) has forgiven nearly $5 million in qualified balances such as tuition, fees and other costs to students. Their aim is to remove financial barriers and encourage students to stay in college.
“Mercer has helped literally thousands of overburdened students who were carrying tuition debt and other college-related expenses on their shoulders during COVID-19,” said Mark Banyacski, controller at Mercer County Community College.
The college received an initial round of nearly $2 million in federal funding last year through the CARES Act, which they used to help students.
“Mercer received the federal funding around the middle of May 2020 and within 10 days we had checks in the mail to students,” said Banyacski.
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