Financial Aid in the News

Maine: Colleges Sign on to National Initiative to Attract Veterans Maine Public Broadcasting Network)

"At least 10 college campuses in Maine are trying to attract veterans by signing onto a new national initiative. The Yellow Ribbon Program, designed by the U.S. Department of Veterans Affairs, splits the cost of a veteran's education between the school and the government so that veterans pay little to nothing," Maine Public Broadcasting Network reports. "'We want them to know that to be able to come to Thomas College won't cost them any more,' says Rob Callahan, Vice President for enrollment management at Thomas College. The private school in Waterville is pledging $5,500 per veteran for up to 100 veterans. It's not clear whether that many veterans will take up the college on its offer, but Callahan says Thomas is financially ready if they do. 'We're able to afford it through the generosity of our donors, through making sure that we have enough financial assistance of our own institutional aid to offer to veterans.'"

You can read the complete June 24, 2009 Maine Public Broadcasting Network article on-line.

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