UT commits to simplify financial aid, college cost information

By Bobby Blanchard

The UT System announced its commitment to make information on college costs and financial aid easier to understand and more readily available for students by 2013, according to a White House press release.

UT System Chancellor Francisco G. Cigarroa represented the UT System at a White House roundtable discussion on Tuesday with the goal of decreasing student loan debt. Along with the UT System, nine other higher education institutions agreed on providing more information to students regarding college costs and financial aid.

The University System is already supplying some of the financial information through the public dashboard and the Accountability and Performance Report, which are both available online.

Anthony P. de Bruyn, assistant vice chancellor for Public Affairs, said provisions of the University System already in compliance with the White House’s guidelines include providing how much one year of college costs, financial aid options, net costs after grants and scholarships are taken into account and information on student success rates.

“This is something UT has already been doing, and we’re ready to meet the 2013 deadline,” de Bruyn said. “We already have the vast majority of the information out there.”

De Bruyn said the University System will have to add an estimate of monthly federal loan expenses after students graduate in order to meet the White House’s guidelines.

read original story  http://www.dailytexanonline.com/university/2012/06/05/ut-commits-simplify-financial-aid-college-cost-information

One response on “UT commits to simplify financial aid, college cost information

  1. University of California Berkeley Chancellor and Provost comit to charging higher tuition to Californians. Access, affordability to University of California Berkeley is farther and farther out of reach. UC Berkeley Chancellor Robert J Birgeneau is outspoken on why elite public universities, like Cal, should charge Californians much more. With Birgeneau’s leadership number 1 ranked Harvard is less costly (all in costs) than Cal. Chancellor Birgeneau’s charge much more tuition to Californians makes Cal. the most expensive public higher education in our country!

    Birgeneau ($450,000 salary) likes to blame the politicians, since they stopped giving him every dollar expected. The Chancellor’s ‘charge Californians more’ tuition skyrocketed fees by an average 14% per year from 2006 to 2011-12 academic years. If Birgeneau had allowed fees to rise at the same rate of inflation over the past 10 years they would still be in reach of most middle income students. Increased funding is not Cal’s solution.

    Public UC Berkeley is to maximize access to the widest number of California students at a reasonable cost with a mission of diversity and equality of opportunity. Birgeneau’s and Provost George Breslauer’s ($306,000 salary) ‘charge Californians more’ tuition denies middle income Californians the transformative value of Cal’s higher education.

    A sad unacceptable legacy for politicians, parents, and children.
    Opinion to: UC Board of Regents marsha.kelman@ucop.edu and Calif. State Senators and Assembly members.

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