Monday, March 7, 2011

Fees up. Student aid possibly down.

CSULB students will face a $94 fee increase for upcoming semesters. As reported by the Daily 49er (http://www.daily49er.com/news/csulb-president-alexander-explains-new-student-fee-1.2485234#), "The increase is meant to help offset the $500 million proposed reduction for the California State University system due to state budget cuts."

The tuition increase, also dubbed the Student Excellence Fund, aims to save school programs and sustain the U-Pass. The fund is the consequence of an increase in the school's new $1.5 million health-care cost, maintaining an ideal univeristy standard and budget cuts, with possibly more fiscal reductions down the road. By the end of the 49er article, CSULB President F. King Alexander said the range of budget cuts could be between $400 million and $1 billion.

Meanwhile, as CSULB's fees increase to prevent losing some of our school's privilages, President Barack Obama was said to propose cuts to student aid programs as a means to keep federal Pell Grants the same amount. The president's support for the Pell Grant (which the story can be found here: http://www.huffingtonpost.com/mark-kantrowitz/president-obama-proposes-_b_823236.html) was a response to a Republican proposition of lowering the financial-aid grant by $845.

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