February 11, 1988, Page 3 |
Previous | 87 of 212 | Next |
|
|
This page
All
|
Loading content ...
Thursday/Februaryll/1988 Page 3 ■ Guarantee in GSL gone for some By Jennifer Whitelev Staff Writer Guaranteed student loans are not guaranteed anymore. Financial Aid experts say as many as four out of every icn student*; who have guaranteed student loans may noi be eligible for GSLs next year. The new changes in the GSL program are a result of lhe Higher Education Aci. For the first lime, families who make an annual income of less than 530.000 a year will not automatically be eligible (or loans. Students who apply for a GSL will now be evaluated noi only on their income, but also on their current personal and family assets. Under federal regulations, all students under the age of 24 are considered dependents. The regulations also require the applicant to take a federal needs test. This new test qualifies students by evaluating their needs based on yearly income ami family assets. Families with equity on a house, or land owners such as farmers, will probably not be eligible lor the loan program. In other words, students who have no asscsts and make less than $30,000 a year still nave a go<xi chance ai receiving a loan. Students who are 24 and under wilt he evaluated by their parents' assets, The average GSL borrower will lose SI.200 lo S1300 next school year. The impact ol the new changes is much more than STUDY Continued from page 1 center.with a wide variety of students from all over the world," she said. "You lake courses from faculty at lhe university who are bilingual in the native language and Lnglish." she ;'lded. The only ,wo countries who do have language requirements are Spain and France. Estimated total costs of the program are similar io CSUFs. fluctuating from $4,320 in Mexico to SI0.X65 in Denmark. In Mexico, il costs less to study through Study Abroad than attending CSUF; PROFS Continued from page 1 ground," Bacon said. Satin pointed lo nearly 20 CSUF professors as notable writers and said he treasures their name value as writers. However, the day won't come where professors will be hired for that alone. "This is what Stanford, Harvard and Yale pay their instructors to do," he said. "We're not geared lo have laculty who jusl su and scowl." Rubes* By Leigh Rubin 'There is a willingness that seems almost embedded in the American population to assume indebtedness.' —Joseph Hueston predicted. Some students will be forced from college. Toni Cold well. Financial Aids Counselor at CSUF said, "Students are unhappy, They don't understand why they can't get the money because ii's a loan program." Student reaction has been tine of disbelief, since they have to pay the money back anyway. The U.S_ Department of Education, in an article published in the Chronicle ol Higher Education, staled a projection ol 15 percent reduction in the number ot GSL's awarded to undergraduates and 25 percent lor graduate sludents. Farming communities may be hardest Int. Families who own small farms generally make insufficient money lo pay college expenses and under the nrv. lav. iheir land would be tnt luded as yearly income and disqualify them from the GSL program, Joseph Hucslon. Director ol Financial Mils at CSUF, said, "In 1978 ihere was a rush, a gradual shifting in the funding philosophy in lhe federal government It shifted away from grams and into self-help programs." Hueston indicated that the government put more emphasis on the studeni to fund their education and less responsibility on the government as the .prime contributor Why lhe sudden changes in lhe GSL program? Hueston suggested, "If half the money allocated io lhe federal government has lo go to support defaulted loans, that means you have io cul lhe number of new students who receive loans." With Hide avenues other than loans open lo sludents who want a higher education, Hueston feels students are almost compelled to apply for a loan. "There is a willingness that almost seems embedded in ihe American population to assume indebtedness. The reality of il is there's too much money loo easily available." Yet Hueston doesn't agree with the way the government has reevaluated the loan program. Without grants and other forms of income such as loans, student enrollment will suffer. Heuston said. "In the long term, wc arc talking about a national investment and il we keep going on the way we have, we cannot produce competitive individuals who can compete in research and development and education and sciences. We as a nation wil) pay lor il in 15 lo 20 years." OVERKILL Every Wednesday in the Collegian Another place entirely... The Subterranean Jungle Friday's entertainment section California State Univeristy, Fresno UNIVERSITY LECTURE SERIES presents ADAMANTIOS TH. VASSILAKIS Greece: Security and Small Nation Diplomacy Mr. Vassilakis is the Consul General of Greece in San Francisco and is his country's senior diplomat in the western United States. Born in Chios of the Aegean Islands, he graduated in political and diplomatic sciences from The Free University in Brussels. Entering the Greek Foreign Service in 1972, he has served in the Greek embassy in Tirana, Albania, and then was appointed to senior positions in the Foreign Ministry in Athens. He has been Designated as a member of various Greek diplomatic delegations visiting Eastern European nations as well as participating in NATO and European Economic Community conferences on political and security matters. Advanced tickets are available at the College Union Information Desk (294-2078). Tuesday, February 16,1988 at 7:30pm Satellite College Union Students, Faculty & Staff: $2 / General Admission $3 The University Lecture Series is funded in part by the CSUF Associated Students, the College Union Program Committee, and the Office of the Vice President for Academic Affairs.
Object Description
| Title | 1988_02 The Daily Collegian February 1988 |
| Alternative Title | Daily Collegian (California State University, Fresno) |
| Publisher | Associated Students of Fresno State, Fresno, Calif. |
| Publication Date | 1988 |
| Description | Daily (except weekends) during the school year. Microfilm. Palo Alto, Calif. : BMI Library Microfilms, 1986- microfilm reels ; 35 mm. Vol.1, no.1 (Feb 8, 1922)- |
| Subject | California State University, Fresno -- Periodicals. |
| Contributors | Assocated Students of Fresno State. |
| Coverage | Vol.1, no.1 (Feb 8, 1922)- to present |
| Format | Microfilm reels, 35 mm. |
| Technical Information | Scanned at 600 dpi; TIFF; Microfilm ScanPro 2000 "E-image data" |
| Language | eng |
Description
| Title | February 11, 1988, Page 3 |
| Alternative Title | Daily Collegian (California State University, Fresno) |
| Publisher | Associated Students of Fresno State, Fresno, Calif. |
| Publication Date | 1988 |
| Description | Daily (except weekends) during the school year. Microfilm. Palo Alto, Calif. : BMI Library Microfilms, 1986- microfilm reels ; 35 mm. Vol.1, no.1 (Feb 8, 1922)- |
| Subject | California State University, Fresno -- Periodicals. |
| Contributors | Assocated Students of Fresno State. |
| Coverage | Vol.1, no.1 (Feb 8, 1922)- to present |
| Format | Microfilm reels, 35 mm. |
| Technical Information | Scanned at 600 dpi; TIFF; Microfilm ScanPro 2000 "E-image data" |
| Language | eng |
| Full-Text-Search |
Thursday/Februaryll/1988 Page 3
■
Guarantee in GSL gone for some
By Jennifer Whitelev
Staff Writer
Guaranteed student loans are not guaranteed anymore.
Financial Aid experts say as many as four out of
every icn student*; who have guaranteed student loans
may noi be eligible for GSLs next year.
The new changes in the GSL program are a result of
lhe Higher Education Aci. For the first lime, families
who make an annual income of less than 530.000 a
year will not automatically be eligible (or loans.
Students who apply for a GSL will now be evaluated
noi only on their income, but also on their current
personal and family assets. Under federal regulations, all
students under the age of 24 are considered dependents.
The regulations also require the applicant to take a
federal needs test. This new test qualifies students by
evaluating their needs based on yearly income ami family assets. Families with equity on a house, or land
owners such as farmers, will probably not be eligible
lor the loan program.
In other words, students who have no asscsts and
make less than $30,000 a year still nave a go |
