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UI grants and scholarships up

Patrick Futtner - The Daily Iowan

Issue date: 3/7/08 Section: Metro
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UI students received $80 million in grants and scholarships during the 2006-07 school year, an increase of 8.3 percent over the 2005-06 school year.

"It is important the university increases its grants and scholarships to students," said Mark Warner, the director of UI Student Financial Aid. "We have to make an effort to push an increase."

The UI has been allocating a significant amount of tuition revenue to support grants and scholarships in the university. During the 2006-07 school year, $41.8 million in tuition revenue was designated for undergraduate, graduate, and professional students.

The amount was increased to $47.5 million for the 2007-08 school year, an increase in 13.7 percent.

"From what I have seen, [the university is] good at rewarding scholarships and giving second chances," said Hannah Shultz, who was awarded the UI Freshman Tuition Scholarship and is also on work-study. "I know a lot of people whose GPAs have dropped below the minimum, and they were given a second chance."

The UI has recently created numerous new scholarship and grant opportunities for students. These are mainly designed to help economically disadvantaged, underrepresented, and first-generation students while also recognizing academic accomplishments.

The Iowa Pathways Program uses a combination of federal, state, and university grants to help financially disadvantaged yet academically strong undergraduate students from Iowa. This scholarship has been awarded to 50 first-year students totaling $100,000.

The Iowa Heritage Awards are designed for nonresident students who have a parent, stepparent, legal guardian, or grandparent who graduated from any of the UI programs, which has been awarded to 122 students for more than $182,000.

The Advantage Iowa Awards are given to first-year students who are U.S. citizens or permanent residents and are interested in diversity within learning. This has been given to 232 students for a total of roughly $1.8 millions

The Iowa Promise Scholarship will combine with the new Iowa Opportunity Scholarship, to give new high-need students during the 2007-08 school year who have a UI GPA above 3.0 an opportunity to have their tuition and fees paid for.

"We know that by awarding these grants and scholarships will minimize debts students have to pay every year," Warner said. "There is no question the tuition set aside will increase for the 2008-09 school year."

E-mail DI reporter Patrick Futtner at:
patrick-futtner@uiowa.edu
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