Livingstone College announced today an initiative that will forgive the debt of students who attended Livingstone during the spring 2021 academic semester.
The Livingstone College Debt Forgiveness Persistence Initiative (DFPI) will award more than $2.8 million in persistence grants to qualifying students of the spring 2021 semester who have outstanding student account balances. This is in addition to the more than $4 million in need-based student aid Livingstone College already provides from its general operating budget each year.
“The economic hardships created by the COVID-19 virus is unprecedented and has made it extremely difficult for students to pursue their dreams of obtaining a college education during this period of economic uncertainty,” said Livingstone President Dr. Jimmy R. Jenkins, Sr. in a letter to qualifying students. “The population we serve relies heavily on student loans to pay for their college education. Therefore, as we look forward to the fall 2021 academic semester, we would like to remove one of the primary barriers related to persistence – student debt.”