MCC has been awarded two grants totaling about $90,000.
One grant, from the Missouri Department of Higher Education in the amount of $25,000, is focused on default prevention. The funding will partially cover the salary and benefits of the district's default prevention coordinator who supports students throughout the lifecycle of their student loans. The grant, which runs from July 1, 2011 through June 30, 2012, is expected to positively impact MCC’s U.S. Department of Education cohort default rate.
Another grant, from the U.S. Health and Human Resources and Services Administration in the amount of $64,114, will provide scholarships for students in need. The scholarship funds will be granted directly to economically or educationally disadvantaged nursing students at the MCC-Penn Valley Health Science Institute. Economic need is determined based on the U.S. Health and Human Services poverty table; educational need is based on factors such as being a first generation college student or a recent GED completer or having attended a high school with a low graduation rate. The grant period is July 1, 2011 through June 30, 2012 with possible annual renewals.