Dear Students, Faculty and Staff:
It is a stressful time for many of us. All at once, we are filing our taxes, filling out FAFSA forms, studying, and working. Many of us are filling out transfer applications. The lucky ones already know where they’ll be studying in the fall. But for many, the impending due dates mean that there are months of waiting ahead. Uncertainty can be frightening. Waiting for acceptance letters can be downright unnerving.
Fortunately, the proposed economic stimulus package identifies students as a section of society that needs help. While most Americans will see modest tax breaks, in many cases workers can expect an extra $13 a week, students will see much bigger tax returns next year. College students — or their guardians — will see up to an extra $2,500 return for school related expenses.
Nearly 7 million students will receive Pell Grants in the next year. These grants will increase in value, nearly two thousand dollars, over the course of the next two years. All said, the Federal government will invest approximately $32 billion in higher education over the next year. Armed with this information, we can rest easier. Wherever this year may take us, we will be better prepared financially for the challenges and costs that a college education brings us.
Regards,
Jan Dominik Kargulewicz, Editor-in-Chief
Well said!