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Today's News for Tuesday, March 31, 2015 
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Governors Talk Higher Education Funding in State of the State Addresses

Even in the face of ever increasing college costs, governors in five states are proposing to reduce spending for higher education in the next fiscal year - in a couple of states by as much as $300 million. These cuts are just the latest in a long series of states' divestment in colleges and universities since the economic downturn. There are some states, however, striving to ease the dire funding situations at their state colleges and universities.

Ask Mr. Ethics: Is It OK To Let One Of Our Vendors Treat Me To Lunch?

MrethicstnThis week, Mr. Ethics tackles a question about whether or not a financial aid administrator should accept a lunch invitation from his or her Financial Aid Management System account manager. Using NASFAA's Code of Conduct as a guide, Mr. Ethics offers practical advice about what is appropriate concerning relationships between financial aid staff members and people from any entity that does business, or is seeking to do business with, the institution. Got a common ethical question you need help with? Email Mr. Ethics at and we'll make sure your identity remains anonymous if your question is chosen to run in Today's News.

Professional Judgment Online Course Seats Are Filling Up

Learning topics focus on circumstances for which a financial aid administrator may exercise Professional Judgment, the documentation requirements, recalculating a student’s financial need, and adjusting financial aid accordingly. A credential is provided after successfully completing and passing the credential test, which is available at the conclusion of the course and included in your course fee. Register Now to reserve your seat!


National News

Dept. Names More Than 550 Colleges It Has Put Under Extra Financial Scrutiny

"The U.S. Department of Education on Tuesday released the names of the more than 550 colleges required to operate under more restrictive conditions and extra scrutiny because of concerns about their management or administration of federal financial-aid dollars," The Chronicle of Higher Education reports.

Colleges Getting Out Of Health Insurance Business

"The federal health care overhaul is leading some colleges and universities to get out of the health insurance business," The Associated Press reports.

State News

Kansas: Financial Aid Cuts Could Hit State University Students Even Harder

"Students attending four-year public universities and colleges in Kansas may see cuts in their financial aid due to a legislative action on a program that governs school grants," The Associated Press reports.

New York: Why Are These Women On A Hunger Strike?

"Late Tuesday night, Francis Madi, 25, and Alexandra Ramos, 24, finished a dinner of pizza and soda and began a hunger strike," Refinery29 reports.


Opinion: Fix The College Federal Financial Aid System First

"One of the biggest challenges in the college admissions process for both students and their families is finding the right affordable college, and figuring out how to pay for it," Allan Golston, president of the United States Program at the Bill & Melinda Gates Foundation, writes in an opinion piece for The New York Times.


IU Recognized For Efforts To Boost Financial Literacy

"Indiana University's efforts to address the national problem of ever-increasing student loan debt have been getting a lot of attention lately," the Herald-Times reports.

Stanford Will Cover Tuition For Families Making Less Than $125,000

"Stanford University said Friday it will cover the tuition expenses of students with family incomes below $125,000 a year and 'typical assets,'" MarketWatch reports.

Harper College Promises Two Years Of Free Tuition

"A groundbreaking plan to offer two years of free community college to qualifying high school graduates will be announced Monday by Harper College in Palatine," the Daily Herald reports.




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