The updated version of this year’s Free Application for Federal Student Aid becomes a problem when it interprets low-income filers as millionaires— possibly costing students a large portion of their financial aid.
Approximately 39,000 students in the university received some type of financial aid to attend FIU, according to statistics from the Financial Aid Office. Senior Financial Aid Coordinator Fabiola Ortega said 30-35 percent of graduating students will be indebted. The average loan for an FIU student is between $15,000 to $20,000.
Staff writer Junette Reyes discusses the Federal Work Study Program and how underfunding on the part of federal aid, as well as overestimation of funds and underestimation of participating students by the Financial Aid Office, has caused hiring departments to take the burden of providing a share of cost to fund the program.
From one court comes two.