University of Utah announces financing program to help students finish degrees

Local News
work perks - student loans_3779766819718463-159532

SALT LAKE CITY (ABC4 News) – The University of Utah announces the launch of Invest in U, a pilot program designed to help students pay education-related costs. 

The program is intended to help students complete their degrees faster and launch their professional careers. The University of Utah is the first major university in the Western region to offer this type of financial assistance. 

“Through Invest in U, the University is investing in our students to help them succeed, recognizing that many students start and stop their educations based on finances,” said University of Utah President Ruth Watkins. 

Eligible students may receive up to $10,000 per fall, spring and summer academic semesters. Payments may be paused for students pursuing graduate degrees, engaged in voluntary service and working full time. 

According to the university, the new Invest in U program reflects a statewide commitment to affordable higher education. 

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.