News in Brief
Arkansas governor announces need-based grant program Arkansas Governor Mike Beebe has announced a new grant program for the state's high school graduates. A need-based program, the GO! Opportunities Grant Program will provide up to $1,000 per year to Arkansas students pursuing full-time college education. Eligible students attending college part-time can receive $500 per year. Students receiving funding from the program are required to maintain 2.0 GPAs and must certify that they are drug-free. Students also must have been Arkansas residents for at least 12 months prior to applying to the program and must have graduated from Arkansas high schools or obtained their General Education Development (GED) degrees.
IWU's financial aid office announces two new appointments Illinois Wesleyan University's financial aid office has named two of its employees to new positions. Lynn Nichelson, director of financial aid at Illinois Wesleyan University, will now serve as assistant dean of enrollment management. Scott Seibring, director of new student financial aid, will now serve as director of financial aid. Nichelson, who has been the school's director of financial aid since 1963, will continue to work on financial aid policy matters, research, and government regulations issues. Seibring, who has been with the university for 22 years, has worked in its financial aid office for the past 13 years.
Iowa governor introduces All Iowa Opportunity Scholarship Iowa Governor Chet Culver has announced the launch of a new need-based scholarship program that will provide $1.5 million in scholarships to Iowa residents who plan to go to college. The "All Iowa Opportunity Scholarship Program" is aimed at increasing Iowa students' access to college. Eligibility requirements include enrollment at an Iowa college or university within two years of high school graduation; a high school GPA of 2.5 or greater; enrollment in at least three semester hours of college courses; satisfactory academic progress in college; and completion of the Free Application for Federal Student Aid (FAFSA).
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IRS Reminds Students of "Tax-Advantaged Education Expenses"
By Surajit Sen Sharma
On September 11th, the IRS news release "Back-to-School Tax Breaks Help Teachers Pay Classroom Costs; Aid Parents, Students With College Tuition" stressed the importance of saving receipts and maintaining expense records to take full advantage of deductions on educational expenses and credits available on federal income tax returns for 2007.
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