Hey Connecticut college students: At least you’re not in New Hampshire.
Faced with tight budgets, all the states in New England have slashed funding to higher education.
Students in New Hampshire, though, may be feeling it a bit more.
The state has completely eliminated state support for financial aid for its students, reports the New England Board of Higher Education.
Connecticut last school year provided $64 million to help low-income students afford college. By comparison, Rhode Island provided $13 million, Maine $15 million, Vermont $18 million and Massachusetts $86 million, reports NEBHE.
Board policies at Connecticut’s public higher education institutions for years have required 15 percent of their tuition revenue be dedicated for student aid. This tuition set-aside is required by state law for each public system, but how much is set aside is not.
But Connecticut students have not been immune from the impact of the state reducing funding. In the last two years, lawmakers have reduced overall state funding by nearly $100 million, a 14 percent cut. During that time tuition has increased.
The state still has a projected deficit to close for the current fiscal year and the next two years.
Federal student aid provided through Pell Grants could also be facing a major reduction, as NEBHE reports those scholarships face a $5.7 billion shortfall.
Correction: The NEBHE originally reported that Connecticut was spending $9 million for student financial aid. They updated that figure, the state actually spends $64 million a year, the largest amount in New England.
Follow Jacqueline Rabe Thomas on Twitter.
Sign up for CT Mirror's free daily news summary.
Free to Read. Not Free to Produce.
The Connecticut Mirror is a nonprofit newsroom. 90% of our revenue comes from people like you. If you value our reporting please consider making a donation. You'll enjoy reading CT Mirror even more knowing you helped make it happen.YES, I'LL DONATE TODAY