Ozarks Technical Community College distributed $3.4 million in federal funds to its students on Friday.
The funds were presented to students as grants to cover expenses such as rent, food and school-related costs, according to a news release. OTC was authorized for the federal funding through the Coronavirus Response and Relief Supplemental Appropriations Act's Higher Education Emergency Relief Fund II.
“The past year has been stressful for everyone physically, emotionally and economically,” said Hal Higdon, OTC chancellor, in the release. “I am thankful we can distribute these funds to our students to provide some relief for those who have suffered financial hardships.”
Students eligible for Pell Grants are receiving $465, while all other students are getting $400.
OTC last year distributed nearly $4 million worth of grants to students via HEERF I, according to the release. The school also allocated another $176,405 in HEERF I grants for emergency needs and provided $500 technology grants.
Earlier this month, Drury University announced federal stimulus funds totaling $1.2 million for its students, according to past reporting.
Read profiles of this year's honorees.
Aaron York, general superintendent of Donco 3 Construction, describes what he sees in the construction job market in Springfield in 2021. Rachel York is the co-owner of Donco3 Construction.
Jim Meinsen gives his advice for finding new clients as the owner of a new or existing business. Jim and Debbie Meinsen own TCI Graphics, and recently celebrated 50 years in business.
Jeramey and Julia Henson discuss the reason they and HM Dentworks co-owner Chris McWhirter started the HM Dentworks Academy. With the job demands of their field taking them across the country, all three felt that they needed a plan for the future.
Caleb Scott, owner and coach of the Queen City Insane Asylum, says the name for the team was chosen lightheartedly. He said the name also catches people's attention.
Barak Hill gives advice based on what he learned from the COVID-19 pandemic and how it affected his business. He says we should all have a backup plan ready to use.
Sandy Higgins, owner of the Crackerjack Shack, recommends the book "The E-Myth Mastery" by Michael E Gerber. She says it changed the course of how she runs her business.
Aaron York describes the work culture he tries to foster at Donco3 and why he attributes to it a part of Donco3's success. Rachel York is a co-owner of Donco3 and Aaron is the General Superintendent.
Hollie Elliott, executive director of the Dallas County Economic Development Group, explains how local schools factor into business decisions and affect a local community.
Rachel Barks, owner of Artistree Pottery, says an important lesson she learned was not to over-expand and to do her research before hand. She gives examples from her experience as a startup business owner.
Jim and Debbie Meinsen own TCI Graphics, and are now celebrating 50 years of business. Jim Meinsen takes some time to explain his philosophy on debt, and how to stay out of it.