A Last-Minute Dash for Tuition

Melissa Korn:

Weeks or even days before classes start, hundreds of thousands of college students nationwide still don’t know whether they’ll be able to cover their tuition bills this year.
In Michigan, the state legislature continues to battle over the Michigan Promise Grant, a merit award of up to $4,000 given to 96,700 students. The State Senate recently passed a bill to cut it entirely and eliminate another $56 million in need-based aid for this school year.
In Illinois, the need-based Monetary Award Program was halved last month, leaving about 145,000 students without a spring-semester payout. The full award used to total nearly $5,000.
In Utah, the state cut the tuition subsidy to 40% from 75% in its New Century Scholarship, a merit program in which students earn their associates degrees while in high school.
And in Pennsylvania, a state budget impasse is leaving 172,000 students unsure what funding they will get from the state Higher Education Assistance Agency. The maximum award is slated to be $4,700 for students who attend in-state schools.