Pennsylvania: Temple Wants To Aid Working Students
"Temple University is offering $4,000 grants as a financial incentive to keep students who need to work to pay college costs focused on completing their degrees on time," The Philadelphia Tribune reports.
"Students working off-campus jobs to help pay education costs have been a familiar scenario for many at Temple University for decades. Temple University officials said the new 'Fly In 4' program is an attempt to keep college costs affordable and help reduce student debt. ...
Under the 'Fly In 4' program, Temple will grant $4,000 grants to students who demonstrate they need assistance in paying for their education. Students must agree to limit the number of work hours each week. They are also required to meet with academic adviser, register for classes early to guarantee their spot, improve their class standing each year and review whether they’re on track to graduate on time before completing 90 credits, which is traditionally their third year.
One of the main requirements for participants in the Fly In 4 financial incentive program is a cap on the number of hours spent working on the job each week. The idea is to leave students more time for studying. ...
According to the National Association of Student Financial Aid Administrators, the percentage of full-time, full-year dependent undergraduates with unmet need is highest among families earning less than $30,000 annually and families in the middle-income bracket earning $45,000 to $74,999.
Nearly 74 percent of low-income undergraduates and 75 percent of undergraduates at a public four-year university have an unmet need, according to results reported in the NASFAA’s Journal of Student Financial Aid.
By comparison, the NAFSAA stated the percentage is 49 percent for middle-income students, 16.3 percent for upper-middle-income students from families earning between $75,000 and under $100,000 and 4.6 percent for students from high-income families earning $100,000 and up."
NASFAA's "Financial Aid in the News" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.