financialaid

Latest

  • Aaron P. Bernstein via Getty Images

    IRS says thousands of taxpayers affected by financial aid breach

    by 
    Billy Steele
    Billy Steele
    04.07.2017

    Tax day is rapidly approaching in the US, but according to the IRS, there could be additional headaches for up to 100,000 people this year. Hackers posing as students applying for financial aid possibly swiped taxpayer details through the FAFSA (Free Application for Federal Student Aid) online tool. According to The New York Times, the breach has the potential of being the most extensive since the 2015 tax return incident when info on over 300,000 taxpayers was used to file false claims. The IRS later increased that estimate to potentially affect 700,000 people.

  • Missouri School of Journalism's iPhone "requirement" a clever interpretation of financial aid rules

    by 
    Ross Miller
    Ross Miller
    05.09.2009

    Here's an interesting new mandate for all of Missouri School of Jounalism's incoming freshman: equip themselves with iPhones and iPod touches. Actually, let's go ahead and clarify what "mandate" means here, as associate dean Brian Brooks has stated that no one will a be punished for not buying / owning one. While noting the audio recording and playback capabilities were motivation for this decision, he explains the reason it's classified as a requirement is because it lets students include it in their financial need estimate -- wholly beneficial when you're figuring out scholarships and loans. It doens't look like there'll be any direct discounts from U of M, however, unlike some other schools with similar initiatives. It's a clever loophole, to be sure, but we'd wager there's more than a few undergraduates who are none too pleased at the Apple favoritism, and to be honest, we love nothing more right now than imagining a large group of S60 and Zune supporters gathering in a field for frisbee, picnic, and lots of protesting. [Via Macworld]