Mathetude » Federal financial aid changes could have major impact on Oklahoma's community colleges

Federal financial aid changes could have major impact on Oklahoma's community colleges

nitajo sumitted ago via http://newsok.com (Views: 114, Clicks: 4) View Story

Under existing rules, community college students who receive federal financial aid, including Pell Grants and federal student loans, lose their aid packages after 150 percent of the credit hours it would take to complete the degree. For example, if a degree would normally require 60 credit hours, the student would lose eligibility after 90 credit hours.

1 comments | Tags: oklahoma community colleges federal financial aid pell grants | Topic: Higher Education BAD >_<

Comments(1) Email It YM It

#1 by nitajo posted ago

+4 apples

Harold Case, OCCC's director of student financial support services, said last year's changes had a significant impact on students. And another upcoming round of changes to the system could do major harm to students' ability to pay for college, he said.

The changes, collectively called the Pell Grant Protection Act, were part of an effort to make the program leaner and more sustainable. The changes, which were included in the federal budget for fiscal year 2012-13, take effect in July.

[reply] report

Add Comment

Join Mathetude for free to comment on this story. Have an account already? Login to comment!