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Article: UNIVERSITY AT BUFFALO RESPONDS TO QUESTIONS ABOUT REPACKAGING OF STUDENT FINANCIAL AID
- Article from:
- US Fed News Service, Including US State News
- Article date:
- November 14, 2008
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The University at Buffalo issued the following press release:
The University at Buffalo this fall announced it was repackaging the financial aid for students who were over-awarded financial aid in the form of loans and federal grants. UB's miscalculation of financial aid for two groups of students was discovered in August after UB completed a voluntary Standards of Excellence review performed by the National Association of Student Financial Aid Administrators.
As a result of this review and in accordance with federal requirements, more than 130 students have been asked to return aid that was overpaid to them. UB apologizes for the error and the hardship it may cause students; however, the ...