|Nov 07, 2012 --
Outline of Need:
The education of future rural generations is vital if a community wants to continue to support itself and offer increased economic value to a nation. Smaller universities offer higher education for rural youth, yet they may not always have the capacity to accommodate the increasing number of students. Rural communities must be able to offer unique educational experiences to sustain populations and to educate the masses.
How Rural Development Helped:
Through the Rural Economic Development Loan (REDL) Program, Missouri Rural Development provided an interest free loan to the Ralls County Electric Cooperative to support the construction of a higher education center in Hannibal, Missouri for Moberly Area Community College (MACC). MACC is a public community college located in Moberly, Missouri offering over 40 certificate and degree programs. The college has an enrollment in excess of 5,500 students in seven (7) locations.
Janie Dunning, Missouri State Director, attended the higher education center ground-breaking in Hannibal on November 7, 2012. Ralls County Electric Cooperative received a $1,000,000 zero-interest loan from USDA Rural Development. The funds were used to provide financing to MACC for the new facility.
The new higher education center will contain 16,890 square feet. Land was donated to MACC for construction of the facility.
Included in the facility will be classroom/instructional rooms, library resources and services, student support areas, and facility and staff offices. MACC has been in leased space in Hannibal since 2000 and due to their great reputation and the interest by the community in continuing education they have outgrown this space.
This facility will allow MACC to expand course offerings and to handle increasing enrollments. Current enrollment in Hannibal for MACC courses exceeds 300 students. With the new facility, students will be given an enhanced learning opportunities and Hannibal a community and economic development asset.