UC to begin offering zero interest, forgivable loans starting next school year

Five years ago, the University of the Cumberlands did something almost unheard of in the world of higher education. It lowered the tuition rate for on-campus students and not just a little bit.

Ed McGrath, a senior development officer for the University of the Cumberlands, spoke to members of the Southern Kentucky Chamber of Commerce during its monthly luncheon Tuesday, where he detailed the new loan program and how it will better help students afford tuition costs.

“We want all the students to know that at Cumberlands there is a clear and affordable path to a college degree. That is what we call the Cumberlands Commitment. In 2019, we reduced our tuition by 57 percent for the traditional on campus undergraduate students,” Ed McGrath, a senior development officer for the University of the Cumberlands, told members of the Southern Kentucky Chamber of Commerce during its monthly membership luncheon Tuesday.

UC is planning another surprising change for its students in order to make college more affordable.