Sequester Impacts on Financial Aid and Grants
WASHINGTON — Students and the Department of Education are preparing to weather the storm of the sequester and its various hits to financial assistance and grant programs.
The Budget Control Act of 2011, which developed an automatic 10-year process of “across-the-board” federal cuts if Congress failed to reduce federal deficit, will take its toll on financial aid and several grants that have eased tuition and fees for hundreds of thousands of students.
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