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Business college hosts meeting for an economically sustainable Arkansas

Jennifer Joyner

Issue date: 9/29/08 Section: News
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Junior Jose Padilla said he believes the financial crisis will affect federal financial aid. For one thing, "there will probably be higher interest rates," he said.

Padilla said he currently receives financial aid, but if it was unavailable to him, he would still be able to attend college.

Cox said she would use financial aid if she qualified for it, but she does not.

"I think a lot of the students who use financial aid would not be able to go to school [if there were cutbacks in the program]," Cox said.

However, if there were going to be a cut in federal loans and scholarships, Wing said she's sure the office would be informed.

"I would hope so," she said.

It's been 20 years since there was a change in financial aid, and the financial aid office knew ahead of time, she said.

"I haven't heard any hints that there will be changes," Wing said.

"I suggest if students have not completed a FAFSA form, they should," she said. "There is still money out there."
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