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Financial Aid in the News

Michigan: College Students Stung by Promise Cuts (The Detroit News)

"With just weeks before the end of the fall semester many college students are unsure if Promise Scholarship money will be available for next term or how they might replace the funding," The Detroit News reports. "Some schools will use one-time federal stimulus cash or general fund money to cover the loss for one term, but after that, if the Legislature doesn't act, students are on their own. Officials at Wayne State University, Eastern Michigan University and some other schools are waiting to see if Gov. Jennifer Granholm's campaign to restore the grants for 96,000 students will succeed -- despite a clear message from Senate Republicans that they won't budge on restoring the Promise grant, at least in the current fiscal year."

You can read the complete Nov. 20, 2009 Detroit News article on-line.

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