Wisconsin: Broken Car? Medical Bill? New Grant Programs Keep Students On Track During Emergencies

"A part-time childcare worker, Kubosch was thrown into a financial crisis that could have forced her to drop out. But an anonymous donor stepped up so the Mequon native could stay in school until insurance money became available. The situation helped inspire UWM interim Dean of Students Rebecca Freer to establish an emergency grant program that, beginning this fall, will assist eligible students with small, one-time expenses," The Milwaukee Journal-Sentinel reports.
 
"The UWM program joins similar newly launched efforts at UW-Green Bay and a handful of other colleges and universities in Wisconsin to establish emergency funds for students.
 
The programs are not intended to replace long-term planning to cover tuition and fees. Rather, they are acknowledge that low-income students and those without parents are already walking a financial tightrope. Expenses of several hundred dollars can be enough to knock them down — and maybe out, changing their entire life trajectory. 
 
'There has been research that small, unexpected expenses like a medical bill, or repair to a car they depend on to get to school or to work, can lead someone to drop out,' said Karen McCarthy, director of policy analysis for the National Association of Student Financial Aid Administrators.  
 
'There's a higher emphasis today on student retention, and this is one of those areas where institutions can do something,' she said."
 
NASFAA's "Headlines" 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.

 

Publication Date: 9/11/2017

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