Word: overlapped
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...Financial Aid William R. Fitzsimmons saw both a victory and a defeat this week. First, the good news: 75 percent of students accepted to the class of 1995 are expected to enroll, the highest proportion since 1981. But then, the Justice Department filed suit against Harvard, charging that the "overlap" system was in fact price-fixing. Harvard avoided a messy lawsuit by promptly settling...
...University decided to avoid a costly and time-consuming lawsuit by agreeing to a quick settlement: an end to the Ivies' "overlap" practice of agreeing upon financial aid packages, with no admission of wrongdoing...
...With the overlap process eliminated, some observers have already noticed that students this year are receiving more disparate financial aid awards than they did in the past...
Harvard's decision last month to withdraw $500,000 in indirect cost requests was only a first step. Like the University's decision this winter not to participate in the financial aid overlap group (which is the target of a Justice Department inquiry), the refund was preemptive, designed to shed the appearance of impropriety. Sixteen other universities have similiarly admitted improper billings in order to avoid paying fines...
...Faculty Council voted Wednesday to toughen up restrictions on students taking classes whose schedules overlap...