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Why the Federal and State Budget Discussions Matter Federal Financial Aid Programs Could Be Cut for the 2011-2012 year, and state funding cut as well.

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Presentation on theme: "Why the Federal and State Budget Discussions Matter Federal Financial Aid Programs Could Be Cut for the 2011-2012 year, and state funding cut as well."— Presentation transcript:

1 Why the Federal and State Budget Discussions Matter Federal Financial Aid Programs Could Be Cut for the year, and state funding cut as well

2 “Every child must be encouraged to get as much education as he has the ability to take. We want this not only for his sake -- but for the nation's sake. Nothing matters more to the future of our country: not our military preparedness -- for armed might is worthless if we lack the brainpower to build a world of peace; not our productive economy -- for we cannot sustain growth without trained manpower; not our democratic system of government -- for freedom is fragile if citizens are ignorant." Jan 12, 1965 Lyndon Johnson

3 Congress Must Annually Pass a Spending Bill to Fund Federal Programs

4 Congress HAS NOT Passed a Final Budget Bill for the 2011 Year. They are also debating the budget for the 2012 year. Programs are being funded through a “Continuing Resolution” which will expire on April 8, 2011

5 House of Representatives’ Proposal H.R. #1 would: cuts the Pell Grant maximum by $845, kicking out 1.7 million students from the program, and lowering grants for the remaining 7.5 million low-income student Reduces the maximum amount of the Federal Pell Grant from $5550 to $4705 and reduces all Federal Pell Grant awards downward eliminates funding for the Supplemental Educational Grant Program, cutting an average of $736 from 1.3 million students. This grant (SEOG) is awarded to eligible Millersville University students for $800 – this would eliminate this additional funding.

6 Do You Think These Programs Are Important? “The strength of the United States is not the gold at Fort Knox or the weapons of mass destruction that we have, but the sum total of the education and the character of our people” Senator Claiborne Pell

7 The Senate’s Proposal Focuses on maintaining current funding for the Pell Grant Program – The Senate wants to keep the maximum award at $5550 instead of reducing to $4705 Ends the new “Year Round Pell” Program – This means in order to receive the Federal Pell Grant for the summer sessions, it will reduce the amount of the Federal Pell Grant for the following spring term, if you are a full-time student. Eliminates the LEAP Grant Program Eliminates the interest subsidy for federal GRADUATE student loans. – Means Graduate students will pay interest on all Subsidized and Unsubsidized loans while in school.

8 Governor Corbett’s budget for Plans to cut funding to the PASSHE schools by more than 50% – This means Millersville University will receive half the amount of funding by the state, which could result in programs being eliminated and a tuition increase.

9 If you feel these programs are important, consider joining the “Save Student Aid” Movement

10 "If a man empties his purse into his head, no one can take it from him. An investment in knowledge always pays the highest return." - Ben Franklin

11 What Can One Person Do? Join the National Association of Student Financial Aid Administrators' Save Student Aid Facebook campaign at ! Ways you can help are: Like the page Make the page one of your favorites Invite your Facebook friends to Like the page Tell your story in the Discussions section

12 Contact Your Elected Representatives, both Federal & State and Tell Your Story YOUR VOICE MATTERS !

13 Who are your legislators? US Senators: – Robert P. Casey Jr: – Pat Toomey: US House of Representatives: – View your District Representative (enter state and Zip code to search) : https://writerep.house.gov/writerep/welcome.shtml https://writerep.house.gov/writerep/welcome.shtml PA Senators & PA House of Representatives – Find your legislator (enter your Zip Code for the easiest search) : egislator/index.cfm?CFID= &CFTOKEN= egislator/index.cfm?CFID= &CFTOKEN=

14 "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has." Margaret Mead

15 “Education - lifelong education for everyone - from toddlers to workers well advanced in their careers - is indeed an excellent investment for individuals and society as a whole.” - Ben Bernanke, Federal Reserve Chairman, September 24, 2007

16 "A popular government, without popular information, or the means of acquiring it, is but a prologue to a farce or a tragedy, or perhaps both. Knowledge will forever govern ignorance, and a people who mean to be their own governors must arm themselves with the power which knowledge gives." - James Madison

17 FOR MORE INFORMATION


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