Oral Roberts University Eliminates More Than $500,000 of Debt from Hundreds of Current Student Accounts

Oral Roberts University (ORU) announced this week the cancellation of over $500,000 of prior balances on current student accounts.

The university located in Tulsa, Okla., recently notified 646 qualified students that their school account now carries a zero balance.

The elimination of student balances was made possible through the Higher Education Emergency Relief Fund (HEERF), which was funded by the American Recovery Plan that provided emergency financial aid for colleges, universities, and students. The elimination of prior student debt especially helped some students who carried balances that could have been a barrier to continuing their educational pursuits.

The school hopes this financial benefit will provide these students with a fresh financial start as they begin the Fall 2021 semester.

“I am very excited to make this announcement to our amazing students at ORU”, ORU President William M. Wilson said. “We were able to take over $500,000.00 of the Higher Education Emergency Relief Funds given to as institutional aid to directly help our students in this way. This is in addition to several millions of dollars ORU students have received from the government in other COVID relief funds over the last year.”

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Source: CBN