Even before recent events with the markets, we saw the increase in the cost of gas and travel as a whole. What impact does this have on the calculation of my son or daughters financial aid?
A. We recognize that it is costing our students more to get to college and home for breaks. Currently, we have a travel allowance built into the budget for students who do not live in Washington, Oregon or Idaho. We have just finished a survey on the cost of travel to states other than Washington, Oregon and Idaho, and will be increasing students’ budgets to reflect higher costs for transportation. Recently we made the decision to add $500 to the budget for students who live in Washington, Oregon and Idaho for 2009-2010, and ongoing to help with those travel expenses. For students who have demonstrated need, these increases in the budget likely will mean an increase in financial aid.
Related Questions
- Even before recent events with the markets, we saw the increase in the cost of gas and travel as a whole. What impact does this have on the calculation of my son or daughters financial aid?
- I’ve talked to the Financial Aid Office, and the cost they provided for my Travel Study program is much higher than how much Summer Sessions charges. What is going on?
- What would a 10-cent-per-gallon increase in the gas tax cost individual motorists?
