House approves changes to financial aid program

House approves changes to financial aid program

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

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

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

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