Western increases financial aid for spring 2009
Western uses reserves to honor student grants reduced by the state
Erin Huggins
Issue date: 1/28/09 Section: News
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Although demand for the grant has been increasing, Associate Provost David McDonald said Western had been expecting the grant to decrease in response to the economic recession and had already started crunching numbers to find a student-friendly solution.
By the time OSAC board members announced the decision on Friday, Jan. 9, to reduce spring awards by $80 for full-time students and $40 for part-time students, Western was ready to intervene.
"We knew what was coming. What we didn't know was the magnitude of the cut," McDonald said.
According to McDonald, almost three quarters of Western students receive financial aid.
Donna Fossum, director of financial aid, said that 33 percent of those students are affected by the reduction of Oregon Opportunity Grant funding.
In order to honor its commitment to enrolled students, Western decided to provide funds to students who had filed FAFSAs by Dec. 1, 2008, and were expecting to receive spring Oregon Opportunity Grant funds.
The Oregon Opportunity Grant is a state funded grant program that assists low- to middle-income Oregonians.
McDonald said students receiving the grant already had the fewest resources and were least able to afford to lose any portion of their aid.
"We could step up and hold students harmless for a cut that (they) had absolutely nothing to do with. They were doing what the state wanted them to do-going to college," McDonald said. "Investing [money] back into our students' success made all the sense in the world."
In addition to providing money to cover the Oregon Opportunity Grant, Western also added $250,000 to supplement its federal Perkins Loan repayment pool.


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