The college announced last week that it will replace all its loans with permanent grants beginning in the fall in an attempt to ease the amount of money students owe when they graduate.
Archive for the Heard on Campus Category
• Yale University cut the cost of attending by, on average, a third to a half for all students receiving aid Jan. 15;
Dartmouth announced yesterday that beginning with the 2008-2009 school year, undergrads from families with incomes below $75,000 will receive free tuition. Loans will also be replaced with scholarships and need-blind admissions will apply to all international students. Immediately, Dartmouth will also provide an additional scholarship of $2,950 to allow those receiving financial aid to take advantage of research or internship opportunities in their junior year.
Penn is the latest school to eliminate loans from financial aid awards. BeginningEs gibt einige Unterschiede zwischen online Poker blackjack online und dem Spielen in einem landbased Casino. in Fall 2008, families with incomes less than $100,000 will have no loans. Families above that income will have their loans reduced by 10%. In Fall 2009 all students will receive financial aid packages with no loans.
Effective with the 2008-2009 school year, new and returning students will no longer have loans in their financial aid award packages.
The California Institute of Technology is eliminating loans for domestic students whose familys’ incomes are less than $60,000. This new program will become effective for undergraduates entering next fall.
Swarthmore College will eliminate student loans in its financial aid packages and replace them with scholarships beginning next academic year.
Reported by Linda K. Wertheimer - Boston Globe Some of the nation's most elite colleges, trying to ward off perceptions that they've become unaffordable to even high-income families, are bolstering their financial aid packages by offering grants to students whose parents earn as much as $180,000 a year. Officials at these colleges, where costs can run $50,000 annually, say they are putting more money into aid because the price is deterring good students from applying. In the past three y
Commentary by Mary Whitfield in the Seattle Post-Intelligencer This fall marks the first year of the University of Washington's fantastic Husky Promise scholarship program, which provides full tuition assistance to the state's poorest students and makes the dream of a UW education an achievable reality. Sad to say, what the UW provides with one hand it takes away with the other. Because of the way the UW defines who is subject to its English proficiency requirement, many foreign-born stu
Reported by John-John Williams, IV - The Baltimore Sun Alan Jefferson, a 49-year-old banker from Ellicott City, will be able to realize a lifelong dream -- receiving a bachelor's degree -- while enrolled as a Howard Community College student. HCC students such as Jefferson will soon be able to reap the benefits of a partnership between HCC and Excelsior College, a four-year online school in Albany, N.Y. "It's something I feel I should have done," said Jefferson, who dropped out of the
Reported by Beata Mostafavi - THE FLINT JOURNAL FIRST EDITION The man who called Ian Vedder, just as he was starting at the University of Michigan-Flint, was full of promises. Money was at his fingertips, the caller cooed, in the form of a federal grant that could be used for a car, school, practically anything. All Vedder had to do was divulge one itsy piece of information: his bank account number. "I was pretty skeptical of the situation," said Vedder, now 21 and starting his sen
Reported by April Simpson - The Boston Globe In an ice-breaker exercise at Endicott College's freshman orientation, 18-year-old Mike Schieding had to tell other students two truths and one lie. I said I was a teen father, I was the manager of my job, and, at one point, I lived in another state," said Schieding, a broad-shouldered teenager who wears silver hoops in his ears. "All the guys thought I was lying when I said I was a teen father." But the lie was that Schieding has never lived
Reported by Ledyard King - Indianapolis Star Eighteen Indiana colleges and universities are among more than 900 nationwide where a single lender handled the majority of federally backed student loans last year. Federal officials and student groups worry that some of the 921 schools may be steering borrowers to lenders the schools prefer to use, regardless of whether it's the best deal. In some cases, students who didn't shop for the best loans may have cost themselves thousands of dol
Reported by Andrea Jones - Atlanta Journal Constitution Read the entire article here.
Reported by Bill Lindelof - Sacramento Bee The budget standoff at the Capitol might hold up financial aid at some California colleges, but not at Sacramento State and the campuses of Los Rios Community College District. Students who depend on Cal Grant financial aid will be getting checks soon, said Roy Beckhorn, financial aid supervisor at American River College. "If they are enrolled in Los Rios they should not worry about it," Beckhorn said Monday. Officials said they will dip i
Reported in a News Release For a second year, the new academic year at Fort Hays State University will begin with a series of events called Tiger Impact, open to all students but required for new students. "Our goals for these events are to create opportunities for students to make new friends, educate students about social issues with regards to alcohol, provide them with information regarding campus resources and set academic expectations for success in college," said Shana Meyer, as
Reported by Simona Gallegos - The Denver Post Metropolitan State College of Denver will allow students who are Colorado residents and U.S. citizens but whose parents are illegal immigrants to be admitted provisionally as in-state students, the college's president said Thursday in a letter to Metro State administrators. The announcement comes as the Colorado Department of Higher Education awaits an opinion from the attorney general on eligibility for in- state tuition for such students.
Reported by Lisa M. Krieger - San Jose Mercury News Surf's up in Santa Cruz. But first there's that calculus exam to ace. For a record number of University of California students, summer has lost its sanctity. They're working on term papers, not tans, during what UC and state officials now consider merely the fourth quarter of a year-round academic calendar. Summer enrollment at UC campuses has shot up 80 percent since 2000, reflecting an ambitious effort to accommodate a surge in the n
Reported by Peggy Walsh-Sarnecki - Detroit Free Press Three Michigan schools defended their financial aid practices Friday, responding to a Free Press report on student lending practices and a request from the U.S. Department of Education for aid records. Michigan State University College of Law, Alma College and Lawrence Technological University are among 921 schools across the country -- and 19 in Michigan -- getting a closer look from the federal department because 80% or more of thei
Reported in newszap.com Hodges University, now also located in Immokalee in the Harvest for Humanity, Inc. facility, would like to start a class for recent 2007 Immokalee High School graduates. International College is starting a two-year degree program in Immokalee, starting in September. The program will allow interested, qualified students to earn a two-year degree in Interdisciplinary Studies at minimal cost. Students must submit satisfactory scores from an SAT, ACT or the college’s