California: Dominican to Absorb $32K in Sequestration Cuts to Financial Aid
"In the grand scheme of the federal government’s $85 billion in across-the-board "sequestration" cuts that begin kicking in on Friday, $32,717 seems a mere pittance," Patch.com reports. "But according to John Borowsky, the vice president of enrollment management at Dominican University in San Rafael, sequestration will cut the school’s financial aid funding by that amount in 2013-2014, a move he said would have enough of an impact on the hundreds of low-income Dominican students who receive the aid that school officials have decided not to pass it onto them. Dominican and thousands of colleges and universities across the country are facing cuts to Federal Pell Grant program funding, specifically money allocated to Supplemental Educational Opportunity Grants (SEOG) and Federal Work Study programs, according to the National Association of Student Financial Aid Administrators."
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