Education Department: Colleges Can Use Stimulus Funds To Cancel Some Student Debt Secretary of Education Miguel Cardona speaks during the daily press briefing at the White House in ... [+] Washington, DC, on March 17, 2021. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) The U.S. Department of Education released new policy guidance today that will allow colleges and universities to use stimulus funds for a variety of student needs, including cancelling student debt in certain cases. The Department’s expanded guidance allows educational institutions to use stimulus funding from the Higher Education a cool way to improve Emergency Relief Fund (HEERF) grant program to support college students in a variety of new ways. According to a Department press release , this includes “financial aid grants to dual enrollment, continuing education, non-degree seeking, or non-credit students, as well as to a broad range of students with exceptional needs, such as certain refugees or persons granted asylum.” Colleges can also use the funds to “reimburse themselves for lost revenue while supporting students during the pandemic, including discharging unpaid institutional balances so students can resume their studies and subsidizing childcare services for student parents.” The guidance also provides for outreach initiatives for expanded student access to federal nutritional assistance programs. "Many students have had their postsecondary careers turned upside down as they manage their schoolwork while also protecting themselves from this virus," said Secretary of Education Miguel Cardona. "We hope every eligible student takes advantage of these benefits while continuing to focus on their studies." The scope of student debt cancellation related to this guidance would be limited to institutional debts — student debts or unpaid bills owed directly to the college or university. It would not apply to student debts owed to other entities, such as federal student loans owed to the Department of Education, or to private student loans owed to commercial lending entities. Nevertheless, institutional student debts can be a major headache for students and borrowers. Institutional student debts are typically ineligible for federal student loan relief and forgiveness programs. And failure to repay these debts can result in serious consequences including academic transcript withholding and inability to transfer credits, complete a degree program, or pursue a secondary degree or enter a graduate program. This latest initiative comes on the heels of additional efforts by the Biden administration to address student loan debt. Yesterday, Secretary Cardona announced a change to the Borrower Defense to Repayment program that will result in $1 billion in student loan forgiveness for 72,000 student loan borrowers. On his first day in office, President Biden signed an executive order extending the moratorium on most federal student loan payments and interest to September 30, 2021. Subsequently, Biden directed his Justice Department to review the legality of cancelling student debt through executive action — something that he has expressed discomfort with, but has not expressly taken off the table. And earlier this month, Biden signed into law his sweeping new stimulus package, the “American Rescue Plan,” which will exempt student loan cancellation and forgiveness from taxation under federal law through the end of 2025.https://www.forbes.com/sites/adamminsky/2021/03/19/education-department-colleges-can-use-stimulus-funds-to-cancel-some-student-debt/
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“It’s about having coaches who are good people who care about best site them and can encourage kids and give them hope.” Moon started the 501©(3) program because he felt like “rich kids” were the only ones who could afford personal trainers and play travel ball. He started KidFit in 2017 and opened a training facility at 1030 McConville Road in 2018 where, depending on the time of year, children practice four to seven nights per week. The program is free but welcomes donations, Moon said. “The whole point is we shouldn’t have one kid who can’t pay having to go through a different process than the kid that can,” he said. “The point is to make it feel the same for everybody.” Alongside Moon was Keith Rose, who helped envision what KidFit could be. Rose had some weights in his garage and already was training his own son, Tyler, who now plays football at William & Mary, so he opened it up to other children as well. “We wanted to give opportunities to kids who couldn’t afford training camps,” he said. KidFit trainers come from varying backgrounds, but each has played professionally at one point or another. Rose said his philosophy in training the children is to give them all workouts they will enjoy so they will want to continue coming back each week. “Sports provide an opportunity to teach life lessons,” he said. “Training is a huge part of being successful in anything and this kind of training teaches young athletes confidence and they can see they’re getting better and they can feel their strength and have better control of their body.” Poldi Moreno, principal of Appomattox County High School, said his son Matthew has been going to work out at KidFit for two years. “It’s a lot of conditioning for the kids,” Moreno said. “It’s not just running. They get a heck of a workout.” Matthew, 13, said he plays soccer and feels like he has gotten faster and stronger since joining KidFit. He also enjoys seeing his friends and spending time with the coaches. While there, he works on minor weight lifting, circuits, box step ups, ladder drills and making sure he has correct form. Poldi Moreno said it has helped Matthew’s self-confidence. “When he first starting going, it was difficult. There’s always some discomfort because it’s hard to get out of your comfort zone,” Moreno said. Matthew remembers one day when a coach put an arm around his shoulders and reminded him of the importance of reaping what you sow.https://newsadvance.com/business/local/kidfit-provides-strength-conditioning-training-for-lynchburg-youth/article_b90d3be4-995b-11eb-b199-3fc5c6649ddf.html