Pennsylvania: Recent Sequester May Impact Students Sooner Than Expected
"On March 1 President Barak Obama signed the sequestration into law, the $85 billion automatic federal spending reduction plan which will slash roughly $86 million from student financial aid," the Bucks County Community College Centurion reports. "Projections from the National Association of Student Financial Aid Administrators show the college has received no reductions in federal allocations for student aid in the coming 2014 fiscal year. This should come as a wave of relief for Bucks students, since 25 percent of students who attended the two-year school in 2012 received some form of financial aid, according to the annual board report. Furthermore, the report for 2012 showed 52 percent of Bucks students who applied for financial aid received it."
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