Washington, D.C.: Four Years After Recession, Nearly One-Tenth Of Aid Recipients Appeal Final Package
"Four years after the recession officially ended, nearly 10 percent of students receiving financial aid appealed their packages from GW this fall," The GW Hatchet reports. "That figure – which is on par with last year and 1 percentage point down from 2011 – demonstrates the still-high demand for need-based aid even as the economic climate improves. GW approved 69 percent of the 525 appeals through mid-August, the latest data available. Last year, about 70 percent of students’ appeals were granted. 'Though there have been improvements in the economy, this does not necessarily mean there will be a decrease in students appealing for an increase in financial assistance,' Associate Vice President of Financial Assistance Dan Small said. ... Jesse O’Connell, a policy analyst at the National Association of Student Financial Aid Administrators, said most students are appealing their universities’ financial aid decisions due to financial hardships, not necessarily related to the recession. 'Even in the strongest economy, people are going to lose their jobs or have certain circumstances come up with their families such as an unexpected illness or things that put constraints on their families or financial circumstances that would cause them to come to the financial aid office and ask for a reconsideration of their family’s financial strength and ability to pay,' O’Connell said."
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