Some Schools Cut Student Grants, Scholarships

News Search of the Week

Here's what the media are saying about:

. . . or visit either our short list of hot topics or our full search-by-topic list to browse news and commentary on any of 100+ higher ed topics.

Busting the Myths about Private Colleges

NAICU debunks the major myths surrounding private nonprofit colleges and universities. Visit 9myths.org to get the facts!

Private Colleges Focus on Affordability

New campus affordability measures are helping to keep students' and families' out-of-pocket costs as low as possible. Tuition cuts and freezes, three-year degree programs, and more. Complete list

Tweets by @NAICUtweets

Banner images provided by University of Richmond.

Home

News Room

Some Schools Cut Student Grants, Scholarships

Wall Street Journal

July 16, 2012

After loosening their coffers to help families cope during the recession, some colleges now are cutting back on grants and scholarships, aid that students don't have to pay back. The move - prompted in part by the colleges' own financial troubles - is prompting students and their families to borrow more to close the gap, raising the already-heavy debt load many graduates will face. Grants and scholarships fell 15% during the just-completed academic year, according to a study by student-loan provider Sallie Mae.

Related Material

Read the full article...