Home > National News, Politics > Start Saving Those Collegiate Pennies: Financial Aid is on the Decline!

Start Saving Those Collegiate Pennies: Financial Aid is on the Decline!

Fatima Shabbir

Is it me or did everyone else’s financial aid plummet for no reason?

I received an email from the Tuition Assistance Program (TAP) the other day stating that “New York State Budget authorized the reduction of certain payments,” which included TAP – financial aid. And in so doing, my award “has been reduced by $12 as a result of an actual shortfall.” What in the world is “an actual shortfall?” What does that even mean?

OK, maybe $12 isn’t a big deal to one person – even if I didn’t have it, I probably could scrape it up some way or another. Whether it was by scraping pennies out of the Columbus Circle water fountain or by becoming an entertainer on the train ride home, I would have made sure I had it some way or another. But, the point is – it isn’t just one person, chances are if it happened to me – it probably happened to the rest of us at Fordham who are already struggling to make ends meet in these hard times!

If bureaucrats want to reduce the budget to save money and reduce local and national deficits – yadda, yadda, yadda – and whatever nonsense they talk about in Congress all day, why not take it out of things that don’t matter?  That we can survive without?  Like the National Parks fund – they can just NOT clean a couple of parks for one day, I’m sure no animals or children will die. Or the “Protect the Mayor fund” – I’m sure five bodyguards instead of seven would be enough to suppress a threat on his life.  Should money really be taken out from education budgets for American students?

Aren’t we supposed to be the future? What will happen when those $12 become hundreds and thousands? What future will we have then?

  1. David
    December 11, 2010 at 2:27 pm

    According to a recent talk about Fordham’s 2012 budget, the university’s own financial aid is also going to get cut by $300k. So there will have to be more (and bigger) cuts in the future. The money is going to the athletics department, by the way, which found its budget increase by those very same $300k. Glad to see the university has its priorities straight… someone might think its mission were to educate and support research, rather than to serve as a front for a football team.

  2. Fatima
    December 14, 2010 at 9:37 pm

    Hey David, glad to know someone out there read this blog entry — haha. That’s pretty interesting, I’ve never heard that anywhere and don’t know if it’s accurate or not but if it is – then that’s a big problem! Sadly, at least we’ll know that our athletes are doing good if not anyone else!

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