News
By Graham Welch
|
November 8, 2010
After the Republican Party rode a wave of anti-incumbency fervor to take the House of Representatives last week, colleges and universities are trying to determine how the change will affect higher education at a time when many institutions are facing financial hardship.
Although major changes to funding and policy are unlikely, Pell Grants, which provide need-based awards to students, could face cuts in the coming session, as the program currently faces a $6 billion shortfall.
"The Pell Grant could be impacted, but we're not sure what the new Education and Labor Committee is going to do," said Scott Miller, associate director of Student Financial Services.