studentaid

Accidental Scholarship Offer From Utah Valley U.

Utah Valley University sent an e-mail offer of full scholarships to 344 applicants in January, but it turns out that only 40 of them were eligible for -- and can receive --  the awards, The Salt Lake Tribune reported. The scholarships are for students with least 27 on the ACT and who have grade-point averages of at least 3.7. But the university accidentally sent the e-mail to all of those who met the ACT requirement, most of whom didn't meet the G.P.A. requirement. The university has apologized for making the offer (and not providing the funds) to those not eligible.

Ad keywords: 

CBO estimates Pell shortfall is gone for 2014

Smart Title: 

Newly released estimates from the Congressional Budget Office say the Pell Grant is on better fiscal footing than expected, postponing the funding crisis.

Foxx criticizes private college leaders for not defending for-profit colleges

Smart Title: 

Representative Virginia Foxx uses allusion to the Holocaust to criticize private college presidents for not defending for-profit institutions against regulations.

Obama Calls for Delaying Sequester

Mandatory cuts to domestic and defense spending are scheduled to take place March 1, but President Obama called on Congress to postpone the cuts Tuesday with a "smaller package of tax cuts and spending changes." The large-scale mandatory cuts, known as sequestration, were originally scheduled to take effect at the beginning of this year, but were postponed as part of the year-end tax deal.

Obama did not specify what types of cuts he'd like to see. Several higher education programs (although not the Pell Grant) would see cuts of 5.1 percent should the across-the-board spending adjustments take effect, and colleges report that federal research funding has already slowed as a result.

Ad keywords: 

Study: Lack of Aid Deterred College-Going By Students With Drug Offenses

A federal law barring the awarding of federal financial aid to students with drug convictions negatively affected the college-going rates of affected students, in many cases delaying their enrollment in college after high school and in other cases appearing to deter enrollment altogether, a study published by the National Bureau of Economic Research concludes. The researchers, from Cornell University, use evidence from the temporary ban on aid for those with drug offenses to make the case that "eligibility for federal financial aid strongly impacts college investment decisions."

 

 

 

Ad keywords: 

Florida's Top Court Backs Legislature's Authority to Set Tuition

Florida's Supreme Court on Thursday ruled that the state Constitution gives legislators ultimate authority to set tuition, presumably ending a six-year legal fight over whether that authority lay instead with the state's higher education governing board.

The former U.S. Senator Bob Graham, along with other politicians and some university leaders in the state, had argued that a 2002 constitutional amendment creating a statewide Board of Governors transferred tuition-setting power to the new body. (They believed the state's major public universities were underpriced on national terms and viewed legislators as unwilling to raise tuition.) A judge embraced their legal arguments early in 2011, but a state appeals court overturned that ruling later that year.

In its decision Thursday, the state Supreme Court backed the appeals court's ruling. "Nothing within the language of [the Constitutional amendment] indicates an intent to transfer this quintessentially legislative power to the Board of Governors," the high court's ruling said. "Accordingly, we conclude that the challenged statutes by which the Legislature has exercised control over these funds are facially constitutional."

The legal battling may be over, but the fight over tuition-setting continues. Legislators have proposed (and continue to propose) bills that would allow the University of Florida and Florida State University to raise tuition significantly, while Governor Rick Scott has not only rebuffed those but argued for lowering tuition rates.

Ad keywords: 

New America paper on financial aid calls for changes to loans, Pell Grant, tax credits

Smart Title: 

The latest white paper in Gates-funded effort to rethink financial aid calls for a shored-up Pell Grant, streamlined student loans and the end of higher education tax credits.

As Congress prepares to take on immigration, DREAM advocates are hopeful

Smart Title: 

President Obama is poised to propose immigration legislation, some of which has big implications for higher education.

ITT Tech Expands Scholarships

ITT Technical Institute is the latest for-profit higher education provider to go big with scholarships. The institute's holding company announced in an earnings call on Thursday that it hopes to expand a pilot program to all of its campuses by the end of the year. Company officials said early returns showed that discounting tuition has had a positive impact on student enrollment. The scholarship reduces net tuition to $28,000 from $44,000, according to a written statement from Trace Urdan, an analyst with Wells Fargo Securities.

Ad keywords: 

Study examines what works and doesn't in student aid policies

Smart Title: 

Drawing on 50 years of studies, two economists urge policy makers to simplify delivery and design and link aid to performance in college -- conclusions other scholars challenge.

Pages

Subscribe to RSS - studentaid
Back to Top