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You are at:Home»Local News»MATC cancels more than $170k in debt for 122 students

MATC cancels more than $170k in debt for 122 students

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By Brandon Peoples on June 23, 2021 Local News, Manhattan
Manhattan Area Technical College (Brandon Peoples/KMAN)
Manhattan Area Technical College’s front entrance (Brandon Peoples/KMAN)

Imagine having your student debt wiped clean.

It happened for 122 students at Manhattan Area Technical College. President Jim Genandt tells KMAN the college used funds from COVID-19 relief to pay off student debt incurred between Spring 2020 and 2021.

https://1350kman.com/wp-content/uploads/2021/06/0623-Genandt-1.mp3

This was done for students who had entered college but couldn’t keep going because of the pandemic, due to whatever interruptions that were pandemic related.

Administrators announced the move last Friday, cancelling more than $170,000 in debt. Genandt says students who owe the college money, typically receive a hold on their accounts until the debt is paid off.

https://1350kman.com/wp-content/uploads/2021/06/0623-Genandt-2.mp3

All told, the college received $1.6 million from the feds for sanitization services, masks, distance learning equipment and more.

Genandt credits MATC vice president of operations Carmela Jacobs and the financial team for finding the U.S. Department of Education guidance to help students.

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Brandon Peoples
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KMAN Program Director and The Mercury news reporter. Contact Brandon at Brandon@1350kman.com

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