Central Alabama Community College to provide Debt Forgiveness and additional Stimulus Payments to Studentsrough The American Rescue Plan

ALEXANDER CITY, Ala. – Central Alabama Community College has announced that it will use special institutional funding from the U.S. Department of Education’s Education’s Higher Education Emergency Relief Funds (HEERF) and The American Rescue Plan (ARP) to forgive the loan balances of 102 students totaling $83,687.​27.

CACC will also distribute approximately $1.7 million in additional HEERF stimulus payments to students in the coming academic year during semesters in which they are enrolled. These additional payments directly to students may be used for any aspect of their education including tuition, food, housing, course material, technology, healthcare, and childcare, and most CACC students will be qualified under federal guidelines. Existing enrollment information will be used to allocate funds, which will be automatically distributed to qualified students including high school students taking classes with CACC through the Dual Enrollment Program.

“We are glad to be able to help our students with debt relief through this grant,” Jeff Lynn, president of CACC mentioned. “This grant will allow these students to continue their educational paths without putting themselves in a financial bind.”

The Higher Education Emergency Relief Fund III (HEERF III) was authorized by the American Rescue Plan (ARP), Public Law 117-2, signed into law on March 11, 2021, providing $39.6 billion in support to institutions of higher education to serve students and ensure learning continues during the COVID-19 pandemic.


© 2016-2021, SylacaugaNews.com/Marble City Media LLC/RadioAlabama. All Rights Reserved. RadioAlabama’s network -- MIX 106.5 (& 98.3 HD2), FOX Sports Central Alabama on 98.3 FM, KiX 100.3 (& 1290 AM), 105.1 WRFS, KiX 96.3 (& 1050 AM), and RadioAlabama Sports -- along with SylacaugaNews.com reports local news around the clock and will keep you up-to-date during breaking news and weather. For real-time alerts from SylacaugaNews.com, text NEWS to 59925. Standard text message rates may apply. Click here to e-mail the reporter.