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Edison State Community College
Student
Emergency Fund receives $17,500 grant
Removing economic barriers for students in crisis helps them stay on
path to graduation
Piqua, OH—Edison State Community College now has additional resources
to help low-income students weather financial emergencies. Students can
apply for small grants to help cover expenses just beyond their means,
which allows them to quickly return focus to their academic pursuits.
“Even the best planning can’t address unforeseen emergencies that can
take students’ time, energy, and focus away from their studies. These
grants add another tool to the already plentiful resources that Edison
State provides to give students the best chance to succeed. The quick
delivery of the funds, combined with not having to worry about how and
when to pay back the dollars, combine to make this the best possible
method and delivery of just-in-time financial support,” said Scott
Burnam, Edison State Vice President of Student Affairs.
The student emergency grant program at Edison State is made possible by
a $17,500 Dash emergency grant from Great Lakes Higher Education
Guaranty Corporation. Edison State is one of 31 community and technical
colleges in Iowa, Minnesota, Ohio and Wisconsin that received a
combined $1.5 million in Great Lakes grants to build emergency grant
programs that help low-income students overcome financial obstacles
that might otherwise cause them to drop out.
“Great Lakes is pleased to provide more resources to colleges like
Edison State that are dedicated to supporting students in times of
greatest need,” said Richard D. George, President and Chief Executive
Officer of Great Lakes. “Emergency grants are a bridge to college
completion and the financial security a degree can provide.”
Edison State will begin making student emergency grants of up to $500
each in spring 2016. Qualified expenses will be paid within 48 hours of
an approved application. Students also will be referred to additional
campus, community, and financial literacy resources to supplement the
grants, address root causes or contributing factors to the financial
emergencies, and further support students’ persistence.
To serve greater numbers of students throughout the Great Lakes grant
period and beyond, Edison State will contribute matching funds during
the 2016-2017 and 2017-2018 academic years. “Our shared commitment is
key to making emergency grant programs sustainable long-term,” said Amy
Kerwin, Vice President – Community Investments at Great Lakes.
-About Great Lakes: Dedicated to making college education a reality
since 1967.
Knowing that education has the power to change lives for the better,
Great Lakes Higher Education Corporation & Affiliates was
established as a nonprofit group focused on a single objective: helping
students nationwide prepare for and succeed in postsecondary education
and student loan repayment. As a leading student loan guarantor and
servicer, Great Lakes has been selected by the U.S. Department of
Education to provide assistance and repayment planning to more than 8
million borrowers—as well as assistance to colleges and lenders
nationwide. The group’s earnings support one of the largest and most
respected education philanthropy programs in the country. Since 2006,
Great Lakes has committed nearly $154 million in grant funding to
promote higher education access and completion for students of color,
low-income students, and first-generation students. For additional
information, visit home.mygreatlakes.org.
Now in its fifth decade of service, Edison Community College is
committed to providing higher education and advanced training
opportunities for the people of the greater Miami Valley. Edison is
accredited by the Higher Learning Commission of the North Central
Association of Colleges and Schools and is recognized with the highest
order attainable by the Ohio Board of Regents. With campuses in Piqua
and Greenville, Edison provides a Personal Experience and Rewarding
Education. Visit us online at www.edisonohio.edu.
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