Washington, DC (PRWEB) April 25, 2016
One year after announcing its plan to incentivize early or on-time degree completion for its graduates, Howard University is making good on its promise. As the University approaches its 148th Commencement, students have started to receive a 50% rebate from their final semester’s tuition. The direct payments are currently being made via cash, credit card or installment plan now through May graduation. This leading-edge tuition rebate solidifies the University as one of the foremost private-research universities dedicated to college affordability and on-time graduation.
“Howard University has an unwavering commitment to the needs of its students. We are excited to offer our students this financial rebate as a reward for accomplishing their goals on time,” said Howard University President Dr. Wayne A. I. Frederick, “We certainly hope some financial relief is provided as well.”
The University also leveraged its financial aid resources to support students with high financial need through its Graduation & Retention Access to Continued Excellence (GRACE) Grant. The GRACE Grant pays the remaining tuition and selected mandatory fees for highest need students who are on track for graduation. Over $2 million was awarded directly to students this spring through the GRACE Grant program.
The rebate program was unanimously supported by the Board of Trustees to incentivize any student completing their degree within 4 years. Howard University remains committed to addressing the academic needs of our nation, in particular the needs of the African American community and underserved populations.
About Howard University
Founded in 1867, Howard University is a private, research university that is comprised of 13 schools and colleges. Students pursue studies in more than 120 areas leading to undergraduate, graduate and professional degrees. The University has produced three Rhodes Scholars, nine Truman Scholars, two Marshall Scholars, over 60 Fulbright Scholars and 22 Pickering Fellows. Howard also produces more on campus African-American Ph.D. recipients than any other university in the United States. For more information on Howard University, call 202-238-2330, or visit the University's Web site at http://www.howard.edu