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Wall Street Journal Story on Financial Aid
Jim Scannell was quoted in Ruth Simon's article, Colleges Cut Prices by…

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Net Revenue and Financial Aid Implications of Going Global

The September issue of University Business features an article from Kathy Kurz on globalizing the undergraduate experience while understanding the impact it may have on an institution's net revenue.



Kathy writes:


Because of the competition for full-pay international students, however, the reality is that significantly increasing international representation at many institutions means attracting students who need assistance. Internationals who require financial aid are not eligible for federal or state funds, so any aid that is provided will need to come from institutional resources. Furthermore, it is very difficult to accurately assess the need of international students. Most institutions simply use the family’s statement of what they can provide as the expected family contribution, rather than attempting to calculate an EFC. As a result, needy international students often are discounted at a much higher level than needy U.S. citizens....

Read more here...

 



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09/30/2011