With thorough analysis leading to sound decisions, a financially challenged college or university can minimize the threat of reaching into an endowment to cover expenses.
While loan servicers are responsible for contacting graduates, the University of Northern Iowa has been working with current students and recent graduates to understand what the freeze’s end means for them, said Director of Financial Aid Tim Bakula.
An anonymous donor fully funds tuition for a cohort of 22 students to launch the initial pilot of Hope College's potentially groundbreaking 'pay-it-forward' tuition model.
