Cal Grant Rules Disqualify 80 Percent of For-Profits - Higher Education

Higher Education News and Jobs

Cal Grant Rules Disqualify 80 Percent of For-Profits

Email




by Associated Press

LOS ANGELES — A state report examining Cal Grant’s new eligibility standards says the tighter rules have disqualified 80 percent of California’s for-profit colleges from the financial aid program.

The state Legislative Analyst’s Office released the 20-page report Monday to update lawmakers on how the rules adopted last year have affected higher education. The new standards were designed to steer students toward a better quality education by avoiding institutions with high loan default rates and low graduation rates.

The report says the tougher standards have worked largely as intended.

Among higher education institutions with large numbers of students receiving federal aid, 35 percent have been barred from receiving Cal Grant students. No state-run colleges were affected.

The report makes three recommendations to improve the system, including a new assessment for measuring default rates.

 

RELATED ARTICLES >>
Colleges Lavishing More Financial Aid on Wealthy Students STORRS, Conn. ― Spencer Mulligan knew his family could pay for his college education, even without loans or grants. So when the University of Connecticut offered a merit award of $20,000 over four years, he saw it as a bonus. As a discount on in-s...
Scholars: Science Advisor Should be Trump, Clinton Priority WASHINGTON — Irrespective of who becomes the next President of the United States, he or she should name a science advisor right away in order to make sure that sound science is reflected throughout the next Administration’s policies, several scholars...
Terre Haute Police Investigate Violent Fraternity Party TERRE HAUTE, Ind. ― Terre Haute police are investigating a weekend party on the city’s north side that resulted in at least 30 shots fired, two people injured and one arrest. The party at the Indiana National Guard Armory involved Indiana State Univ...
Court Orders Board to Probe Professor’s Complaint About Dues The Pennsylvania Labor Relations Board erred when it refused to investigate a college professor’s complaint involving the use of teacher union dues to promote the candidacy of Gov. Tom Wolf, a state appeals court ruled Thursday. State law prohibit...
Semantic Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *