Some Schools Cut Student Grants & Scholarships
Some colleges now are cutting back on grants and scholarships, aid that students don’t have to pay back. The move is prompting students and their families to borrow more to close the gap, raising the already-heavy debt load many graduates will face. According to a study to be released by student-loan provider Sallie Mae, grants and scholarships fell 15% during the just-completed academic year.
Read the full article: Some Schools Cut Student Grants & Scholarships