More than 2,000 early school leavers from McLennan Community College learn this week about a new program that MCC hopes will convince them to return and graduate. MCC offers to pay $500 of their student debt if they do.
The college begins the process of notifying 2,392 former students who passed their classes but dropped out before graduating about a new Highlander Restart debt relief program. The program offers to forgive $500 of their existing student debt if they re-enroll, graduate, and pay the remaining balance to the college.
Students taking the return program must enroll at least six credits toward their degree or one-year certification, apply for financial aid, complete a financial literacy course, maintain a 2.0 credit average, and meet college success coaches .
The program, part of an Enrollment Management strategy aimed at building college enrollment and attendance, is aimed at students more likely to return if financial barriers can be lowered, said Vice President of Finance and Administration Stephen. Benson.
Of the more than 2,000 students who dropped out and still owe MCC money, the average amount owed is $680, and 1,306 of those students owe less than $500, Benson said. With the economic disruptions of the COVID-19 pandemic, many people view community college as a relatively quick and affordable option for the degrees or skills training needed for employment.
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