November 20, 2017
Susquehanna University will fill the financial gap for Susquehanna students whose spring grant awards over $500 were reduced by the Pennsylvania Higher Education Assistance Agency.
Due to the earlier availability of the 2017-18 Free Application for Federal Student Aid (FAFSA), including the use of student and family 2015 income to determine aid eligibility, there was a significant increase in the number of 2017-18 PA state grant applications. While the increase in applications is a positive outcome of the 2017-18 FAFSA changes, it placed additional demand on PHEAA's state grant resources.
In this one-time circumstance, Susquehanna will assist more than 600 students who received notice that PHEAA reduced the award for their spring semester.
"This decision reflects our commitment to helping our students and their families continue to access the transformational benefits of a Susquehanna education," said Jonathan D. Green, president of Susquehanna University. "We're proud of the fact that 31 percent of the students in this year's incoming class are PELL-eligible, meaning that socio-economically, they come from the lowest 20 percent. We need to be sure that the Commonwealth's shortfall doesn't prevent our 55 percent larger-than-average share of America's most financially challenged students from achieving their goals."