Financial Aid in the News

Colleges Shift Donor Appeals Toward Student Aid (The Wall Street Journal)

"Colleges and universities are actively encouraging donors to contribute directly to education rather than asking for big gifts toward buildings and programs," The Wall Street Journal reports. "The economic downturn is causing schools to refocus their fund-raising campaigns more on financial aid, scholarships or a school's general fund, which is typically used for a university's most pressing needs and often directed toward student aid. While many colleges say it's too early to assess the economy's impact on increased aid, many have seen families struggling."

You can read the complete November 19, 2008 Wall Street Journal article on-line.

Posting of "Financial Aid in the News" does not imply endorsement or support by NASFAA. If you attempt to access an article and receive a "not found" message, it is likely that the article has been removed from the site. Posted 11/20/08 to www.NASFAA.org. Please submit Web Site questions or comments to Web@NASFAA.org.