In these trying economic times, the latest buzz on campuses is about college presidents earning outrageous salaries while students' financial aid packages are dwindling! If your president got a big raise, and you had a reduction in financial aid, then band together and PROTEST! I remember the 60's when there was campus unrest because of Vietnam. It's now time to relive those turbulent days, but with non-violence, and simply ask to take over the administration building, and boycott class
Archive for the Heard on Campus Category
Title is a sing-a-long to, Where have you gone Joe DiMaggio? Arizona colleges plan to raise tuition by double digits! Reported by Anne Ryman in The Arizona Republic Double-digit tuition increases could be in store for all undergraduate students at the University of Arizona and for new students starting in fall 2009 at Arizona State University and Northern Arizona University. But students at two of the three state universities, ASU and NAU, would get a bit of a break in future years as
Vanderbilt announced today that beginning with the 2009-2010 academic year, they will offer grants to all students in lieu of need-based loans. This applies to all new and returning students. Way to go Vandy!
Reported by Adam Clark - The Daily Collegian Online The Penn State Board of Trustees on Friday approved a 5.9 percent increase in tuition for the 2008-09 school year, the highest increase since 2005. Still, "our tuition increase is going to be below the average of similar institutions," Penn State President Graham Spanier said during a presentation during Friday's board meeting. "I'm very pleased that we were able to keep it at a reasonable level, given the very modest appropriations."
The Univ. of MI is hard up for cash, so they will raise tuition and fees for the fall term by 5.6%. Stay tuned for the latest info on your favorite schools.
UM jumps the gun on new Stafford Loans Two weeks before President Bush signed H.R. 5715 into law, Miami’s financial aid office had already cranked up the presses and doled out non-existent federal student aid. The new law enables undergraduates to obtain an additional $8,000 ($2,000/yr for four years) as an unsubsidized Stafford Loan. A full 2 weeks before the Senate had even voted on it, Miami awarded a student an unauthorized Stafford loan rather than a Grant or scholarship, saving thems
The Yale School of Medicine has overhauled its financial aid policy with a major boost in aid to middle-income families. For 2008-2009, they will eliminate the required parental contribution for families making up to $100,000 per year. Way to go Elay!
Beginning with the 2008-2009 school year, loans for incoming first-year students will be reduced an additional $500. This will result in a maximum loan per year of $1,000 for students whose family incomes are $50,000 or lower; $2,000 for family incomes between $50,000 and $80,000; and $3,000 for family incomes over $80,000. Way to go Middlebury!
Beginning with school year 2008-2009, Oberlin will eliminate loans for students who are eligible for Pell Grants. Way to go Oberlin!
Harvard is raising tuition 3.5 percent for the next academic year. The cost of tuition, room and board, and student fees will be $47,215. The UMass Board of Trustees approved a 3.1 percent increase in student charges for the next academic year, raising the average cost at the system's four undergraduate universities for in-state students by $288, from $9,261 to $9,549.
Washington University's plan says that families with incomes of less than $60,000 will no longer be expected to take out student loans. The school will instead provide those students with grants. The proposal will cost the school an additional $2.5 million on top of the $60 million it already spends on financial aid. Big deal!
This $50,000+ per year school will boost scholarships for students with family incomes below $60,000. It will also allow RPI to offer aid to families in the $60,000 to $160,000 bracket who might not have qualified for it in the past, said James Nondorf, vice president for enrollment. More details to follow.
MIT announced last Friday that students whose families earn less than $75,000 per year will no longer pay tuition and will also have lower self-help expectations than last year: $2,850, down from $5,250. At the same time they announced that tuition for higher earning families will go up 4% and those students will now have an expected self-help contribution of $4,750 - the BIG print giveth while the small print taketh away! Home equity will no longer be considered in determining financial aid
The UM College of Literature, Science and the Arts will up its aid next year and double the number of students who will receive need-based scholarships and grants to 1,000. Big deal!
After raising over $832,000,000, Stanford has decided to fall in line with some of the Ivy League and offer a free education to students from families with incomes under $60,000. Students from families with incomes under $100,000 won't have to pay $35,000 per year in tuition. Families whose incomes are close to these figures are advised to review their income and assets so they can maximize on financial aid.
Reported by Michelle Diamond - Columbia Spectator Columbia made a phenomenal commitment to financial aid last year, transferring all loans to grants for students whose families make less than $50,000 a year. I was extremely proud of Columbia’s commitment, and I still am. Columbia has also been rather generous in providing me with financial assistance, so I in no way mean to appear ungrateful when I say that our University needs to do more—and not only because of the recent commitments o
Beginning in 2008-09, Colby will eliminate loans from students’ financial aid packages.
Reported by Jodi Cohen - The Chicago Tribune Trying to keep pace with the nation's elite schools, Northwestern University announced Thursday it will expand financial aid to help more families afford its pricey tuition and fees. Starting next fall, about 450 of Northwestern's neediest undergraduates each year -- most with annual family incomes of less than $55,000 -- will have their loans replaced with grants, enabling them to graduate debt-free. The scholarships are worth at least $12
Cornell University will be giving out more grants and free money to undergraduates beginning with next year. No more need-based loans for families whose income is less than $60,000. The new directive will cap loans at $3,000 for families who make $60,000 to $120,000 a year. In the fall of 2009 it will increase to $75,000.
Reported by Peter Schworm - The Boston Globe The College of the Holy Cross in Worcester announced yesterday it will waive tuition for students from the city of Worcester whose families earn less than $50,000 a year, in an effort to attract more low-income and working-class students to the private Catholic school. College administrators said the initiative, which is unusual for a small, liberal arts college, will make it possible for more city students to attend the school and help famili