Financial Aid News Round-Up

Sequestration cuts financial aid and federal work study programs
Daily Sundial
According a White House fact sheet on the sequester’s projected impacts on education in California, about 9,600 fewer low-income students would receive financial aid due to cuts to the Federal Supplemental Educational Opportunity Grant (FSEOG) and 

South Bend Tribune
“We hope the students will be able to stay in by changing their behavior,” Mary Jane Michalak, associate commissioner of student financial aid, told The Journal Gazette. “That means completing courses. Right now, the state is paying for courses 

Financial aid won’t be cut, higher ed chancellor says
Charleston Gazette
Although higher education is absorbing about one-third of the $75 million of cuts in the proposed 2013-14 state budget, Higher Education Policy Commission Chancellor Paul Hill said the commission decided not to make any cuts to financial aid programs 

Financial aid focus: FAFSA tips
The Circuit
From the number of phone calls and e-mails received in the Financial Aid Office from students and parents regarding scholarship availability, this is obviously a vital part of each student’s planning process for the immediate future. Here are some key 

Need-based financial aid remains unaffected by federal spending cuts
Daily Nebraskan
Craig Munier, director of the Scholarships and Financial Aid, said the sequestration has caused some administrative headaches, but students won’t see any changes to their loan packages. “To me, the impact feels minimal,” Munier said. Most loans 

State budget writers beefing up funding for student financial aid
Austin American-Statesman
American-Statesman Staff. The proposed budgets working their way through the House and Senate spending committees would add substantially to funding initially penciled in for the state’s main student financial aid program. But prospects for a top 

Sequestration complicates college aid notices
USA TODAY
Colleges play a guessing game every spring when they tell prospective students how muchfinancial aid is available to them. So the federal spending cuts that began with last Friday’s sequestration are complicating an already complicated process even more.

 

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