April 16, 2014

Scrolling Headlines:

UMass Dressage Team discusses the lesser-known sport -

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Canelas: Things worth watching in Spring Game 2014 -

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‘The Walking Dead’ finale resurrects a dull season -

Wednesday, April 16, 2014

Five places to study at UMass -

Wednesday, April 16, 2014

UMass tennis team battles injuries as season comes to an end -

Wednesday, April 16, 2014

Chaz Williams to compete in Portsmouth Invitational Tournament -

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Putting the ‘new’ back into ‘news’ -

Wednesday, April 16, 2014

Kurt Cobain, remembered 20 years later -

Wednesday, April 16, 2014

Feist plays engaging, soulful show at the Calvin Theater -

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UMass poll shows Coakley emerging as a frontrunner in upcoming election -

Wednesday, April 16, 2014

Rain washes out baseball, softball -

Wednesday, April 16, 2014

General Education courses should not be required -

Wednesday, April 16, 2014

Campus Perspectives: One year anniversary of the Boston Marathon Bombings -

Tuesday, April 15, 2014

Boston Marathon: One year later -

Tuesday, April 15, 2014

Bostonian spirit prevails -

Tuesday, April 15, 2014

Minutewomen continue to show offensive improvement -

Tuesday, April 15, 2014

Overalls and whitewashed outfits trend in spring 2014 -

Tuesday, April 15, 2014

UMass looks to continue to build confidence against non-conference opponents -

Tuesday, April 15, 2014

UMass rowing overcomes food poisoning and earns gold at Knecht Cup -

Tuesday, April 15, 2014

Lessons from the Marathon bombings -

Tuesday, April 15, 2014

Funding set for financial aid

Matthew Harrison/Collegian

Matthew Harrison/Collegian

In a recent report to the University of Massachusetts Board of Trustees Committee on Administration and Finance, UMass system President Jack Wilson stated his intention to set aside $130.5 million in funding to student financial aid.

President Wilson was unavailable for comment Monday night, but in a release, said that, “We understand that higher education is the path to a better life for students and is critical to our future as a Commonwealth, and therefore the University of Massachusetts is doing everything it can to maintain access and affordability.”

According to the same press release, financial aid spending eight years ago amounted to just $35.6 million. Now, Wilson’s newly proposed spending plan makes for an increase of 267 percent.

Wilson was further quoted as saying, “Our mission at the University of Massachusetts is to keep high-quality education within reach for the sons and daughters of Massachusetts and that is why we are making more than $130 million in grants available to our students.”

In addition, Wilson praised the individual leadership at the universities in the system.

“Our ability to direct an ever-increasing amount of UMass funds to financial aid is a testament to the leadership and policies of our Chancellors and to the commitment and priorities of our Board of Trustees,” he said.

James J. Karam, chairman of the UMass Board of Trustees praised the aid as a welcome source of funding for needy students and their families.

“As a UMass alumnus who had to work hard to make ends meet during my student days, I know these are the right actions and the right policies, and I am proud that this University is taking the steps to keep the doors of opportunity open wide,” Karam said. “To live up to this commitment during these challenging economic times makes this accomplishment all the more impressive.”

Wilson unveiled this proposal at a meeting of the Board of Trustees financial panel, which served as a preliminary to the Feb. 23 meeting of the full Board of Trustees meeting at UMass Lowell. At that meeting, the board will vote on a number of other important topics, including audits on athletic programs, faculty promotions and tenure awards.

At the same meeting, Wilson presented a report on current financial aid statistics throughout the UMass system. According to the report, 61 percent of the system’s in-state undergraduate students are receiving some amount of need-based financial aid this year. In addition, the report’s findings also listed university students as having received $673 million in financial aid, about one-fifth of which came from the system’s own funds.

–Collegian News Staff

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