Financial Aid

Commission Recommends Increase In State College Aid

Citing swelling numbers of Wisconsin college students who are eligible for state aid, but denied because of limited state funding, the University of Wisconsin System, the state association for independent colleges, the state technical college system and the College of Menominee Nation jointly endorsed a commission finding Tuesday calling for increased college aid in the next state budget.

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Western Michigan University President John Dunn Donates 1 Percent Raise To Student Scholarships

Western Michigan University President John Dunn will be receiving a one percent pay raise this year, but has vowed to donate the additional money to student scholarships.

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Financial Aid Officer: Keiser University, West Palm Beach, FL

The role of the Financial Aid Officer is to ensure that the students are properly funded, packaged, and prepared to start each semester.

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Understanding Your Three-Year Cohort Default Rate

Schools can learn more about their three-year student loan cohort default rates by: understanding the default rate calculation, anticipating default rate implications, assembling the right team of stakeholders to address default rates, examining and understanding borrower characteristics and creating and implementing the best plan of action.

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Models of Efficiency Winter 2012 Honorees

As we come to the close of the year, and of budgets for many, University Business’ Winter 2012 Models of Efficiency honorees offer up excellent examples of ways in which colleges and universities can save money and reduce their bottom line. From automation to consolidation to going digital, these nine winners provide a series of successful ideas that can help with evaluating, planning, and squeezing more out of next year’s budgets.

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Looking Back: The Year in Review

University Business has covered several critical finance-related topics and trends over the last 12 months. From tuition to student aid to endowments and fundraising, here, we’ve pulled together what we feel are the 10 hottest or most critical finance-related topics covered by UB during the year.

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Elite Smaller Colleges Struggle To Cover Financial Aid

College and university endowments have recovered most of the losses they sustained during the recession, now that the economy has begun to grow.

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Hurricane Sandy Losses May Impact Eligibility for Aid

The Pennsylvania Higher Education Assistance Agency is advising all state grant applicants who have suffered severe casualty losses as a result of Hurricane Sandy - regardless of their prior eligibility determination - to complete and submit a Casualty Loss Form for possible reconsideration of their state grant award eligibility.

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MSU Receives $80,000 to Launch Financial Literacy Program

Montana State University was recently awarded a grant of nearly $80,000 from the Montana Office of the Commissioner of Higher Education to institute a financial literacy program.

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University of Toledo Offers 'Innovative' Discounts Along With Freezes In Tuition, Living Costs

In a move called "innovative" by one higher-education official, the University of Toledo not only announced a freeze in academic and living costs but also added deep discounts to sweeten students' deals.

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