THE Saipan Higher Education Financial Help program will reduce the financial help it provides to qualified students starting in spring.
Jose C. Mafnas, SHEFA chairman, yesterday said due to a œfunding dilemma the board members have to make some adjustment to the financial support provided to students.
œIts a very hard choice to make, he said, adding that they œreally want to help the students of Saipan and the Northern Islands.
But he said they cannot give œfake hope to the students.
œWe cant give what we dont have, he added.
SHEFA usually gets $3 million yearly for its programs from poker fee collections. But the number of poker machines has been declining over the years as the local economy continues to get worse.
During their meeting yesterday in the Saipan mayors conference room, the SHEFA board members approved the new funding levels for the financial help program.
On-island recipients of the grant-in-aid program will now receive $800 every semester.
Students studying outside the CNMI will now receive a grant-in-aid of $1,200 every semester.
Before, grant-in-aid recipients in the CNMI get $1,200 while those off-island receive $2,000.
Those who enroll at the Northern Marianas Trades and Institute will get $1,000 every year.
In the field study program, all recipients in the CNMI and abroad will now get $1,000.
Before, field study program recipients get $1,500.
For SHEFAs financial incentive help, the on-island recipients will get $1,000 while the off-island recipients will receive $1,500. Recipients must maintain a 3.5 cumulative grade point average and have 12 or more credits.
Before, each recipient got $2,000.
During the board meeting, SHEFA Administrator Henry Hofschneider told that 115 students had not received their grant-in-aid financial help checks.
He said SHEFA submitted a request to release the checks of 83 students to the Department of Finance on Dec. 23, 2010.
He said they requested for $99,600 based on the available funds that the department certified for disbursement.
SHEFA, he added, will submit a request of $41,200 next week for the remaining 32 students still waiting for their checks.
In the fall of 2010, Hofschneider said SHEFA released $324,000 to 270 CNMI recipients of the grant-in-aid program and $498,000 to 249 students studying abroad.
For the field of study program, he said SHEFA released $118,500 to 79 students in the CNMI, and $274,500 to 183 off-island students.
For the incentive program, he said they will release $284,000 to 142 recipients in the CNMI, and $240,000 to 120 students studying abroad.
If all the pending checks are released for the three programs, SHEFA will have provided $2,282,700 to qualified students in the fall of 2010, Hofschneider added.
Article source: http://www.mvariety.com/2011011133364/local-news/shefa-cuts-funding-for-students.php
No Tag
Halo Sobat, Nama Saya Sofyan Syah, Memulai Dunia Blogging Sejak Nov 2011, Meskipun Masih Baru terjun di Dunia Blogging, Saya tidak patah semangat Untuk menjadi Yang terbaik dari yang Terbaik, karena saya yakin, Tidak ada hal yang tidak Mungkin.Buat saya Blogging Is My Life.Senang rasanya jika sobat sudah Berkunjung di blog ini.
Komentar :
Post a Comment