Some members of next fall's freshman class of engineering majors at UMR are getting an early holiday gift from MOHELA, the Missouri Higher Education Loan Authority.
MOHELA recently announced a loan-forgiveness program for engineering students from Missouri. The program is designed to entice more college-bound Missouri high school students to study engineering. That means student balances on common Stafford loans would be reduced by up to $3,500 for college freshmen enrolling in pre-engineering programs for the 2007-2008 school year.
It's a program UMR Chancellor John F. Carney III fully supports. "This innovative program addresses a critical national problem - the shortage of U.S. engineering talent," he says.
