The Joplin Globe, Joplin, MO

Local News

March 14, 2013

Federal sequester to affect financial aid for MSSU students

JOPLIN, Mo. — The automatic spending cuts that took effect nationwide on March 1 as a result of the federal sequester have started to trickle down to Missouri Southern State University, administrators said Thursday.

Fees on federal Stafford loans increased from 1 percent to 1.05 percent for all new loans after March 1, while fees on PLUS loans increased from 4 percent to 4.2 percent, said Darren Fullerton, vice president of student affairs and enrollment management.

Funds for supplemental educational opportunity grants and federal work-study grants likely will be cut by 5 percent next year, amounting to a total annual reduction of $18,000 for students eligible for those grants, he said.

Funding for TEACH grants, which assist students who plan to become teachers in a high-need field or in a low-income area, is “uncertain” for the next two years, Fullerton said, and MSSU will not award any new funds for the grants during those years.

The budget for TRIO programs could be reduced by 5 percent, which amounts to about $18,000 annually, he said. TRIO programs at MSSU include Upward Bound, a program for local high school students who are from low-income families or who will be first-generation college students, and Educational Talent Search, which encourages qualified sixth- through 12th-graders to enroll in post-secondary education.

The discontinuation of tuition assistance for new students by the Army, Marines and Coast Guard could result in the loss of financial aid for dozens of MSSU students, Fullerton said. The university’s Show-Me Gold program, which will give students the opportunity to become commissioned officers in the National Guard through classroom instruction, laboratories and physical conditioning training, is set to launch in August and so far is not affected by the sequester, he said.

Fullerton told the Board of Governors on Thursday that the sequester likely will be felt by many on campus.

“Even though many of these are small dollar amounts individually, when you add them up, they have a significant impact on our university and on our students,” he said.

Fullerton said his office will begin working with affected students to try to find alternative options for financial aid.

“We’re going to try to help them as much as we can,” he said.

The board will reconvene this morning for its annual retreat, which will be held on the MSSU campus. Topics to be covered include:

• An update from Noel-Levitz, a higher education consulting firm hired by the university to determine how MSSU can attract, retain and graduate more students.

• Steps of redesigning and blending courses.

• Budget priorities for the upcoming fiscal year, which begins July 1.

• A report from the Shared Governance Committee.

• A review of the university’s mission and a question-and-answer session with President Bruce Speck.

Board retreat

THE BOARD OF GOVERNORS’ annual retreat is slated for 9 a.m. to 5 p.m. today in rooms 309 and 310 of Billingsly Student Center. It is open to the public.

1
Text Only
Local News
  • Ballot issues dominate GOP event

    A maze of campaign yard signs lined the sidewalk at Big Spring Park, leading up to a line of local candidates for public office with rolled-up sleeves shaking hands with potential voters.

    July 24, 2014

  • Mike Pound: It’s time for some football

    The arrests, the announced suspensions and the contract disputes can mean only one thing: Somebody is ready for some football.

    July 24, 2014

  • Landfill opponents seek answers

    The Baxter Springs High School auditorium was filled with hundreds of Cherokee County residents Thursday night as Galena city officials answered questions and listened to comments regarding a proposed landfill at Riverton.

    July 24, 2014

  • Hanaway says leadership missing under Gov. Nixon

    When Republican gubernatorial hopeful Catherine Hanaway walked into the banquet room at Granny Shaffer’s Restaurant this week, she was greeted by some of Joplin’s more prominent business leaders.

    July 24, 2014

  • Neosho athletes bring home silver

    For 19-year-old Dominque Dechant, it was the trip of a lifetime. She and three other athletes from Neosho traveled last month to Newark, New Jersey, as part of the Missouri Special Olympics girls basketball team.

    July 24, 2014

  • r072414msw.jpg VIDEO: Carterville company expands to third generation

    What began as Ray “Mac” McCoy’s side job in his home 55 years ago has grown not only in square footage and reach, but in generations. This summer, a third generation took over the reins of MSW — Mac’s Specialty Woodwork — that now exceeds 90,000 square feet and creates custom furniture for chain restaurants coast to coast.

    July 24, 2014 2 Photos

  • Shrine Bowl band, cheerleaders, players arrive in Pittsburg this week

    Band members were the first Kansas Shrine Bowl participants to arrive at Pittsburg State University this week.

    July 24, 2014

  • Galena council rescinds landfill decisions

    The Galena City Council voted Wednesday to rescind decisions it made two weeks ago regarding a proposed landfill at Riverton.

    July 23, 2014

  • Miami council waives fees for barbecue event

    The Miami City Council voted Tuesday to waive $3,750 in usage fees for Miami Elks Lodge No. 1320 for an upcoming barbecue championship at the Miami Fairgrounds.

    July 23, 2014

  • Carthage prepares for Marian Days

    The 37th annual Marian Days celebration will start in two weeks, and planning is well under way for the event that will bring tens of thousands of Catholics of Vietnamese descent to Carthage.

    July 23, 2014

Must Read
Sports
Photos


Facebook
Poll

Amendment 8 in Missouri proposes a special lottery ticket to help fund state veterans homes. How will you vote?

For it.
Against it.
     View Results
Opinion
Twitter Updates
Follow us on twitter