UL Lafayette uses federal COVID-19 funds to erase student debt
The University of Louisiana at Lafayette has erased $2.7 million in student debt.
UL Lafayette utilized allocations from the federal Higher Education Emergency Relief Fund, part of the American Rescue Plan that was signed into law in March. It provided $39.6 billion to higher education institutions in response to the COVID-19 pandemic.
A total of 1,175 students at UL Lafayette benefited from the debt relief.