Archive for Grants

Trio grant renewed

President Penelope Wills informs Board TRIO program renewed for five more years

President Penelope Wills announced to the District Governing Board at its August 9 meeting that the federal TRIO grant program had been renewed for five more years.  This results in about $1.6 million spread over the next five years flowing to Yavapai Community College.

The Federal TRIO Programs (TRIO) are described as “Federal outreach and student services programs designed to identify and provide services for individuals from disadvantaged backgrounds. TRIO includes eight programs targeted to serve and assist low-income individuals, first-generation college students, and individuals with disabilities to progress through the academic pipeline from middle school to post-baccalaureate programs. TRIO also includes a training program for directors and staff of TRIO projects.”

GRANTS“The recipients of the grants, depending on the specific program, are institutions of higher education, public and private agencies and organizations including community-based organizations with experience in serving disadvantaged youth and secondary schools. Combinations of such institutions, agencies, and organizations may also apply for grants. These entities plan, develop and carry out the services for students. While individual students are served by these entities, they may not apply for grants under these programs. Additionally, in order to be served by one of these programs, a student must be eligible to receive services and be accepted into a funded project that serves the institution or school that student is attending or the area in which the student lives.”

You may read more about the trio program by clicking here

 

Feds give Yavapai Community College $12,500 Grant; $50,000 loan

United States Department of Agriculture Award

Yavapai Community College has received a $12,500 grant and a $50,000 loan from the Untied States Department of Agriculture.  The grant and loan is intended to support rural economic development projects and create jobs. The awards came from the Rural Microentrepreneur Assistance Program and Intermediary Relending Program.

Any project the College undertakes using funds from this program must be spent in a rural area outside a city or town with a population of fewer than 50,000 residents.   Funding may be used for working capital, debt refinancing and for purchasing equipment, supplies and real estate. 

The $50,000 is loaned at 1% interest from local intermediaries that can re-lend to businesses in support of economic development projects. USDA

The Rural Microentrepreneur Assistance Program is a new program created by the 2008 Farm Bill. USDA administers the program, which will make grants to organizations that provide training, technical assistance or make small loans to new and existing rural small businesses. It may (a) Provide microloans for microenterprise startups and growth through a Rural Microloan Revolving Fund and (b) Provide training and technical assistance to microloan borrowers and micro entrepreneurs.

The Community College has yet to announce receipt of the grant and loan or indicate how it will be specifically used in Yavapai County.