If you’ve been around for a while, you’re surely aware that life doesn’t always go according to plan. Take technical schools for example. You may have saved all the money you need to take massage therapy classes or gunsmithing courses, only to find out you need surgery or have to pay for extensive repairs to your car. While these scenarios are far from ideal, they should never derail your educational goals.
In fact, if you live in Wisconsin and plan on enrolling in technical training schools, you’ve got a new reason to be optimistic about your future. Recently, 16 colleges within the Wisconsin Technical College System (WTCS) were awarded grants from the Great Lakes Higher Education Guaranty Corporation (Great Lakes). This means that students enrolled in any one of these schools who are suddenly saddled with unexpected expenses may be able to receive financial assistance so they don’t have to drop out.
“We know that any unexpected cost – whether it’s a bill for car repair, daycare, or dental work – can loom large for disadvantaged students,” Richard D. George, Great Lakes’ president and chief executive officer, said in a statement. “We look forward to working with Wisconsin’s 16 technical colleges as they track the impact this program has for their neediest students.”
Each technical college’s grant is worth up to $140,000 and will be used to establish a campus-based program for students who need help covering unexpected expenses.
Ultimately, the WTCS’ goal is to keep these individuals in school, rather than letting them miss out on all the benefits the completion of their studies can bring.
Do you have any concerns over unexpected expenses and how they could impact your educational goals? If so, tell us about them in the comment space below.
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