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Wittenberg, others, bailing out struggling students
Wittenberg University, for the first time, is tapping into its endowment fund to help current students stay enrolled at the private university.
The newly created program is following a trend that is being seen in colleges in Ohio, Michigan, New York, Virginia and other states.
“When our board met a few weeks ago, they agreed to use part of our endowment funds to create a safety net type loan program to keep student here if they lose access to funds that were being used to pay for school,” said Randy Green, Wittenberg’s financial aid director.
Ohio State University has set aside $1 million for its students, the Associated Press reported today.
More than 2,300 Michigan State University students have inquired about the funds since the university started offering it in December.
The funding might be necessary to prevent enrollment declines in the fall - a worry that many universities share, the report said.
Permalink | Comments (4) | Post your comment | Categories: Paying for college

Dave Larsen writes about higher education.
Kelly Mori writes about health and higher education.
Comments
By Damaged Booklet
February 13, 2009 2:04 PM | Link to this
Its really sad that that our economy is letting down even our brightest people in America trying go to school to even earn a good living. I think congress and the President need to wake up and smell the coffee and start listening to there own people before thinking of themselves.By Michael J. Pavelka
February 13, 2009 2:53 PM | Link to this
I think the federal government in this so called bail out program, had better start listening to the american public, who are working if they are lucky and listen hard. I, for one am tired of paying for programs for those who do not want to work. I’m tired of high propety taxes, and giving money to banks, so that they can go buy out another bank. Hear that PNC??? My disgust with all of this mess, is beyond comprehension. My grandfather, the late Edward F. Ebenger Sr. used to say, “come the revolution”! I truly believe that the taxpaying americans like my self have had enough!!! I love this country, but it is so broken in many ways. We all need to get down on our knees and pray to Almighty God for guidence. Wake up, state and federal so-called leaders, wake up! Want to keep your job? Start listening!!By Michael J. Pavelka
February 13, 2009 2:53 PM | Link to this
I think the federal government in this so called bail out program, had better start listening to the american public, who are working if they are lucky and listen hard. I, for one am tired of paying for programs for those who do not want to work. I’m tired of high propety taxes, and giving money to banks, so that they can go buy out another bank. Hear that PNC??? My disgust with all of this mess, is beyond comprehension. My grandfather, the late Edward F. Ebenger Sr. used to say, “come the revolution”! I truly believe that the taxpaying americans like my self have had enough!!! I love this country, but it is so broken in many ways. We all need to get down on our knees and pray to Almighty God for guidence. Wake up, state and federal so-called leaders, wake up! Want to keep your job? Start listening!!By Michael J. Pavelka
February 13, 2009 2:54 PM | Link to this
I think the federal government in this so called bail out program, had better start listening to the american public, who are working if they are lucky and listen hard. I, for one am tired of paying for programs for those who do not want to work. I’m tired of high propety taxes, and giving money to banks, so that they can go buy out another bank. Hear that PNC??? My disgust with all of this mess, is beyond comprehension. My grandfather, the late Edward F. Ebenger Sr. used to say, “come the revolution”! I truly believe that the taxpaying americans like my self have had enough!!! I love this country, but it is so broken in many ways. We all need to get down on our knees and pray to Almighty God for guidence. Wake up, state and federal so-called leaders, wake up! Want to keep your job? Start listening!!