NASFAA Mention: Giving a Hand to Students During Shutdown

"... The [College of Southern Maryland] is one of a handful of institutions that are offering emergency aid to students who are suddenly facing challenges paying for college because they or their parents are furloughed or not being paid," Inside Higher Ed reports. "At the College of Southern Maryland, more than 100 students by last week had taken advantage of options such as deferred payment plans to deal with those unexpected challenges." 

"The Office of Federal Student Aid is unaffected by the government shutdown, so federal student loans and Pell Grants are being disbursed like normal. But for students at institutions like Southern Maryland or others elsewhere who depend on income from the federal government, the shutdown is creating sudden challenges paying for tuition, books and fees that would otherwise be affordable. Many of the students affected are well outside the Beltway and attend colleges across the country.

... Justin Draeger, president and CEO of the National Association of Student Financial Aid Administrators, said financial aid offices deal with situations all the time where a parent is laid off during the semester or a family member accumulates unexpected medical debt. The temporary nature of the shutdown makes it a unique circumstance, he said -- federal workers should eventually get paid when the shutdown ends. But it creates uncertainty for their ability to pay for essential costs in the short term.

Murphy, from Southern Maryland, said financial aid administrators have seen student parents who are afraid they won’t be able to continue paying for childcare and the cost of classes during the shutdown.

'I don't think anybody realizes how thoroughly it disrupts the lives of people who are struggling to get an education,' she said."

NASFAA's "Notable 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: 1/18/2019

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