KU, Topeka to launch loan program to fill high need areas
‘Advantage Topeka’ will provide money to qualifying
students
Chancellor Robert E. Hemenway and Topeka Mayor James A. McClinton will
sign an agreement next week to create the Advantage Topeka Loan Program,
which will provide loans and establish a loan forgiveness program for
KU students from Topeka who become employed in occupations designated “areas
of high need” by the city.
“
The University of Kansas is pleased to join with Topeka in creating a
program that will prove beneficial to KU students and will provide expertise
in high-demand areas to strengthen Topeka’s workforce and economic
growth,” Hemenway said. “This is a win-win program for both
sides.”
The Advantage Topeka Program will allow Topeka residents who graduate
from any Shawnee County high school and major in degrees that address
Topeka’s areas of need to receive loans to pay for tuition and
fees. The KU Endowment Association also will provide matching scholarship
money. Upon graduation, if the student finds employment in Topeka in
an area of need, the city will forgive the student’s loans.
The signing ceremony between Hemenway and McClinton will take place
at 10 a.m. Wednesday, Dec. 15, in the lobby of Capitol Federal Savings
headquarters
in Topeka.
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