Mississippi College Board Distributes $95M in Student AidJanuary 25, 2006 |
Mississippi College Board Distributes $95M in Student Aid
The state College Board has approved the distribution of $95 million in federal student aid.
The funds were made available in December. The College Board has worked since then with the universities, private colleges, junior colleges and proprietary schools on the distribution, Higher Education Commissioner Tom Meredith said last week.
Meredith said each school’s allocation was based on a formula approved by the U.S. Department of Education.
The University of Southern Mississippi, which saw its Long Beach campus wiped out by Hurricane Katrina, received the largest allocation at $27.5 million.
“Katrina has already taken so much for us; we should not allow her to steal the education of our citizens,” said USM President Shelby Thames in a statement. “We will contact and encourage students to take advantage of Katrina relief funding so that they benefit from this opportunity.”
Mississippi Gulf Coast Community College received $11.5 million, the largest allocation among junior colleges.
— Associated Press
© Copyright 2005 by DiverseEducation.com