Colleges And Universities Discuss How Sequester Financial Aid Cuts Would Impact Students

Ann McClure's picture
Thursday, February 28, 2013

In an effort to offset a possible reduction in federal financial aid, university administrators say they’ll steer students toward outside scholarships and attempt to maximize institutional aid.

Financial aid directors say it’s difficult to say exactly how possible reductions – part of across the board cuts known as sequestration – to federal Work-Study and Supplemental Educational Opportunity Grant Programs would affect students.

But one West Michigan financial aid administrator said some students at his institution may turn to additional loans to cover the loss.

“The federal and state governments are not increasing grant funds,” said David DeBoer, executive director of financial aid at Davenport University. “It means students might rely more heavily on loans.”

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