Cox College earns federal, state grants to help students
For immediate release
Aug. 10, 2010
Cox College was recently awarded two grants from the state and federal government totaling nearly $155,000. The grants will be used to fund scholarships and a federal student loan default prevention program.
The college received $129,779 from the Health Resources and Services Administration, to provide scholarships to disadvantaged students seeking Associate of Science in Nursing or Bachelor of Science in Nursing degrees. The scholarships will be awarded in January, for the spring 2011 semester and will be available to students who have been accepted into the college. The grant includes $51,404 from the American Recovery and Reinvestment Act of 2009.
The Missouri Department of Higher Education awarded the college a $25,000 Student Loan Default Prevention Grant. The college will use the funds to develop a default prevention program including educational programs for students and increased staff time dedicated to the student loan process.
"As part of the Budget Reconciliation Act, colleges are required to move to direct federal loans for students instead of working with third parties such as banks," says Dr. Anne Brett, president of the college. "This is new territory for the college, and developing this program is an attempt to be proactive so we can help students be responsible and understand the process and their accountability," she says.
Students interested in applying to or learning more about Cox College should visit www.coxcollege.edu.