House passes changes in financial aid program

The Florida House on Thursday approved a measure that would lead to some private colleges and universities becoming ineligible for a program that provides financial assistance to students.

The House voted 81-36 to approve the bill (HB 5601), which has drawn debate because of proposed changes in the  Effective Access to Student Education, or EASE, program.

The bill would add eligibility requirements for colleges and universities involving measurements such as graduation, retention and job-placement rates.

A House staff analysis last month said 16 of 34 institutions would lose eligibility to participate in the program if the bill passes.

That would lead to a reduction of about $36.4 million in tuition assistance grants to 12,826 students, according to the analysis. Democrats on Thursday criticized the proposal, saying it would hurt students who need financial aid.

“We have to address need,” Rep. Ramon Alexander, D-Tallahassee, said. But House Higher Education Appropriations Chairman Rene Plasencia, R-Orlando, said the change is aimed at boosting accountability for private colleges and universities.

The Senate has not proposed such changes, and the issue will have to be resolved during upcoming budget negotiations.

…read more

Source:: Headlines News4jax

(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *