BISMARCK, N.D. (KVRR) – Those who received student loans from the Bank of North Dakota aren’t eligible for President Biden’s loan forgiveness plan. It eliminates $10,000 for those who got loans issued by the U.S. Department of Education or $20,000 to people getting pell grants. It applies to those who make $125,000 a year or less or couples who make…
BISMARCK, N.D.–Gov. Doug Burgum is holding his daily press briefing to provide updates on the COVID-19 pandemic in North Dakota. Burgum will be joined by State Health Officer Mylynn Tufte and Bank of North Dakota President and CEO Eric Hardmeyer. The NDDoH reported a total of 251 positive cases, 16 current hospitalizations, 98 people recovered and four deaths. For more…
BISMARCK, N.D. — Good news for people who have student loans through the Bank of North Dakota. You can defer your payments for six months due to the coronavirus pandemic. “As you know we’re fortunate to be the only state in America that has its own bank,” said Gov. Doug Burgum. “And one of the things that that bank does…
BISMARCK, N.D.–The Bank of North Dakota announced its student loan relief plans to assist students impacted by COVID-19 on Tuesday. Effective Immediately, borrowers may request to defer payments for six months. Additionally, interest rates for variable borrowers will decrease April 1 and Bank of North Dakota will reduce payments to reflect the new interest rate. Borrowers with fixed interest rates…
BISMARCK, ND — Gov. Doug Burgum is thanking state legislators after they voted to approve an endowment for the proposed Theodore Roosevelt Presidential Library and Museum. He says it will lay the foundation for a world-class tourism destination in western North Dakota. The House voted 76-16 after a nearly hour-long debate to use $50 million from the state treasury and loans…
FARGO, N.D. — Applying to college just got a little easier for students across the metro. As part of its American College Application Campaign, the Bank of North Dakota will pay for one $35 application fee per student. The only catch is the application must be for a North Dakota college. Teachers at Woodrow Wilson say it makes a huge difference…
MORTON COUNTY, ND — North Dakota’s bill for police staffing of the Dakota Access pipeline protests continues to rise. The North Dakota Emergency Commission has borrowed an additional $5 million to cover law enforcement costs. That brings the total line of credit from the state-owned Bank of North Dakota to $39 million. The state is also expecting to get…
NORTH DAKOTA — The Bank of North Dakota may be making low-interest disaster loans available to ranchers dealing with drought. Agriculture Commissioner Doug Goehring estimates that North Dakota cattle ranchers have sold off about 100,000 animals in recent months due to drought. The loan program is aimed at helping ranchers rebuild breeding stock and to pay for feed to…
