- Checks for $6,300 dollars will arrive on December 15 in the hands of the beneficiaries.
- This is a really hefty check, but one that will be delivered to a small group of eligible young people.
- Student debt in the United States surpassed $ 1.7 trillion recently.
INCREDIBLE CHRISTMAS GIFT! Checks for $6,300 are expected to arrive in the hands of the lucky beneficiaries of the program by December 15. So many people in the U.S. may be wondering, ‘Do I qualify for this financial aid?’
Just when as the holidays are arriving and expenses are increasing, some local governments are trying to reach out to those most in need. This time, it is a really hefty check, but one that will only be delivered to a small group of young people who are eligible.
Checks for $6,300 will arrive by December 15
Student debt in the United States recently exceeded 1.7 trillion dollars, so a school in the city of Atlanta, Georgia, has decided to take action to help its students with their financial burdens. You could call it a very generous Christmas gift.
The Morehouse School of Medicine has decided to award a grant of $6,300 to each of its students. The surprise check will be a massive relief, but the institution also specified that the money should be used for school related expenses.
Education Stimulus Check
Dr. Valerie Montgomery Rice, president of the school, emailed the more than 750 students under her tutelage all the details about this education stimulus check, indicated The Atlanta Journal-Constitution.
“I am pleased to announce that Morehouse School of Medicine will provide a financial donation of $6,300 to assist each of our currently enrolled students seeking a degree with additional costs for academic, financial, and mental health support, such as childcare, food, transportation, housing and health care needs,” the statement said.
Where do the funds come from?
In March 2020, Congress approved funds for universities and students as part of the first aid package against Covid-19. At that time they set aside $14 billion dollars, The Sun reported.
But the aid did not end there because in January 2021 Congress approved an additional $ 21.2 billion and in March 2021, under President Biden, they added another $ 39.6 billion. Ultimately, Morehouse School of Medicine received $56.4 million that it is now distributing as direct aid to its students, AJC said.