ReStart Debt Scholarship Program Helps Students With Past MATC Balances Return to College; Application Deadline is Aug. 2
MILWAUKEE (May 17, 2021) — Students who were forced to stop out of their studies at Milwaukee Area Technical College between December 2004 and May 2019 due to debt owed to the college have an opportunity to return, thanks to a scholarship program called MATC ReStart. In its second year, MATC ReStart helps eligible returning students repay up to $1,500 of past-due balances owed the college for expenses such as tuition, books and other fees.
They must apply by Aug. 2 and fill out the FAFSA (Free Application for Federal Student Aid) or create a payment plan at program orientation. Eligible students must have completed six MATC credits but not have earned an associate degree, and enroll in at least six credits in the Fall 2021 semester. Eligible returning students should already have been contacted by the college if up-to-date contact information is available.
Students who have an existing account balance of $1,500 or less can earn up to $500 in scholarships to repay their debt each semester they are successfully enrolled at MATC for up to three semesters. It does not apply to debt owed on government student loans.
To continue in the program, students must do the following each semester: enroll in six college level credits, earn a grade point average of 2.0 or better, successfully complete 67 percent of credits attempted, attend at least one meeting with a member of their Pathway team or at least one student resource workshop hosted by MATC during the semester, develop an academic plan with an advisor and attend the orientation.
The seed funding to begin the MATC ReStart program came from proceeds from MATC’s participation in the Federal Communications Commission (FCC) broadcast incentive auction in which the MATC Board of Directors sold a portion of the airwaves used by Milwaukee PBS’s Channel 36. Some of the funds were designated for making college education more accessible and affordable.
Wisconsin’s largest technical college and one of the most diverse two-year institutions in the Midwest, Milwaukee Area Technical College is a key driver of southeastern Wisconsin’s economy and has provided innovative education in the region since 1912. More than 30,000 students per year attend the college’s four campuses and community-based sites or learn online. MATC offers affordable and accessible education and training opportunities that empower and transform lives in the community. The college offers more than 150 academic programs; and transfer options leading to bachelor’s degrees with more than 40 four-year colleges and universities. Overwhelmingly, MATC graduates build careers and businesses in southeastern Wisconsin. The college is accredited by the Higher Learning Commission.