Stakeholders Await More Financial Aid Overhaul Plan Details From Obama Administration

March 2012
Diverse: Issues in Higher Education;3/15/2012, Vol. 29 Issue 3, p6
The article reports on plans by the administration of U.S. President Barack Obama to restructure financial aid to low income higher education students. These plans include funding increases for the federal work-study program, the Supplemental Educational Opportunity Grant, and Perkins Loans. The Obama administration is also said to want to alter the funding formula for financial aid, rewarding institutions that control tuition increases.


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