Word: loan
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Dates: during 1990-1999
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...students who receive direct scholarship aid in addition to "self-help" aid-meaning loan and work-study requirements-will have their self-help requirements reduced by $2,000 and the difference made up in direct scholarship aid. This change, which could also affect some students on the verge of qualifying for direct scholarships, is estimated to affect more than 3,100 students...
...President Neil L. Rudenstine said thechanges were made necessary by the heavy burdenplaced by loan and work-study requirements on somestudents...
...Office will be contacting each family on assistance to inform them of a redistribution in student packages. The total amount of aid will not increase, but the amount of grant money will--by $2,000. Students will have the choice of putting that money toward a decrease in loan debt or the elimination a term-time or work-study...
...University Hall continues to examine the financial aid program, administrators should now consider alleviating the burden on parents directly by reducing loan requirements...
Stanford announced sweeping changes to its policies last week, including a pledge not to reduce grants when students find outside scholarships. The plan will allow students to eliminate the work-study and loan provisions of their aid package with scholarship funds. Stanford will also limit the amount of family assets used in calculating need...