Lakeland Promise targets college accessibility, student debt

Posted on Nov 4, 2019 :: Insight on Business, Web Exclusive
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Posted by of Insight Publications

Lakeland University announced a new program to provide qualified Wisconsin students an opportunity to attend the school free of tuition and fees beginning in the fall of 2020.

Called the Lakeland Promise, the program will provide students with free tuition and fees for four years and up to three years for transfer students. Lakeland is Wisconsin’s first private college to offer a free tuition promise program for qualified students.

Coupled with Lakeland’s Cooperative Education program, which allows students to work part- and full-time jobs at co-op partner companies, students can earn money in their co-op jobs to pay for other school-related costs and bank whatever is left.

The Lakeland Promise will cover tuition and fees through the Wisconsin State Grant, Federal Pell Grant and other Lakeland funding. Wages from co-op jobs, along with federal loans and outside scholarships, can be used for textbooks, room and board, and other expenses.

“With so much national debate rightly focused on addressing the student debt crisis, at Lakeland we’re flipping the script on the cost of getting a college education,” said Lakeland President David Black. “Imagine graduating in four years with no debt and some money in the bank to get your life started. The Lakeland Promise offers that pathway to motivated students.”

The Lakeland Promise is for in-state dependent students whose household adjusted gross income is less than $40,000 or independent students with an adjusted gross income of less than $15,000. Students whose expected family contribution, as determined by the Free Application for Student Aid (FAFSA), is less than $1,700 will also qualify, regardless of adjusted household income. Students will need an unweighted high school or transfer grade point average of 2.75 or higher.

Students must meet federal student eligibility criteria as defined by the FAFSA and be in good standing with Wisconsin state agencies for state grant eligibility. Additional details are available at Lakeland.edu/promise.