Michigan: Spending Cuts Cloud College Aid Notices
“Colleges play a guessing game every spring when they tell prospective students how much financial aid is available to them. So the federal spending cuts that began with last Friday’s sequestration are complicating an already complicated process even more. Schools typically send financial aid information to prospective students to help them decide whether they can afford to enroll in the fall. Justin Draeger, president of [NASFAA], advises colleges to include caveats about the sequestration,” The Leaf Chronicle reports.
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