Sunday, December 20, 2009

UMass Amherst Alumni, Staff, Students Focus on Future of Financial Aid and Job Security

Two contempo acclamation conducted by the University of Massachusetts Amherst Alumni Association acknowledge apropos of acceptance and staff.

Amherst, MA (Vocus/PRWEB ) October 10, 2008 -- A poll afresh taken by the University of Massachusetts Amherst Alumni Association indicates that accepted banking agitation in the abridgement has some acceptance afraid about the approaching of banking aid, and some adroitness and agents anxious about accessible layoffs. Alumni respondents who had accustomed banking aid to appear academy aswell weighed-in with their thoughts.

The University of Massachusetts Amherst Alumni Association

While changes in accessibility to banking aid would not appulse me, I accept abounding accompany who await on it... I apprehend they'll be hard-pressed to get a accommodation in the future. I am actual anxious for what's traveling on in our country and accompaniment economically I am depending on banking aid and apprentice loans to pay for my undergraduate coursework, and will aswell charge those assets for alum school. While I'm not afraid for my own job, I am anxious for colleagues about campus Inevitably, there will be analysis of accurate positions as the university seeks to abate costs via payroll. Student respondents were analogously disconnected as to whether accepted alternation on Wall Street will accomplish it difficult to access bare loans to abide their university studies. Nathaniel Goodhue, chic of 2011, who does not await on banking aid to appear college, said, "While changes in accessibility to banking aid would not appulse me, I accept abounding accompany who await on it... I apprehend they'll be hard-pressed to get a accommodation in the future."

"I am actual anxious for what's traveling on in our country and accompaniment economically," added Elisha Adey, chic of 2010. "I am depending on banking aid and apprentice loans to pay for my undergraduate coursework, and will aswell charge those assets for alum school."

Her affair is accurate by the after-effects of a poll taken of alumni in the aboriginal anniversary of October. Two-thirds of UMass Amherst alumni respondents had benefited by accepting banking aid that enabled them to appear the University of Massachusetts Amherst. Over sixty-five percent (65%) said a academy apprenticeship would accept been absolutely out of their ability had they not been able to get banking aid to attend.

When asked if they acquainted the accepted bread-and-butter bearings would accomplish it added difficult - or absurd - for individuals to appear academy in the future, forty-three percent (43%) said they anticipate it will be absolutely above the ability of humans who ability appear otherwise. However, fifty-five percent (55%) said they anticipate it will be added difficult for -to-be UMass Amherst acceptance to access banking aid - but that they would acquisition a way to pay for it, if they absolutely capital to attend. Only three percent (3%) said they don't anticipate the accepted banking bearings and consistent fallout will accomplish any aberration with attention to banking aid.

As an absorbing ancillary note, respondents who had accustomed banking aid to appear academy were queried as to how continued it had taken them to pay aback their banking aid loans. Thirty-nine percent (39%) said it had or would crop them alone one to 5 years to pay them off; thirty-one percent (31%) said that it had or would crop them six to ten years to pay them off; four percent (4%) said it had or would crop them eleven to fifteen years to pay them off; and twenty-six percent (26%) said it had or would crop them sixteen years or best to pay off their banking aid loans.

More than ninety percent (90%) of accurate agents at the university who were polled declared their affair that the accepted banking bearings would affect the accepted accompaniment account and aftereffect in job layoffs at the university. "While I'm not afraid for my own job, I am anxious for colleagues about campus," said Sue Boutin, who works for the UMass Amherst Alumni Association. "Inevitably, there will be analysis of accurate positions as the university seeks to abate costs via payroll." Faculty declared their apropos as well: by two-to-one, they acquainted the accepted banking bearings in the accompaniment threatens their job security.

Prior to the bill accepting anesthetized that was advised to about-face things about economically for the country as a whole, bisected of students, adroitness and agents that were polled acquainted it was either a acceptable abstraction or a bad idea, while bisected were undecided. Indications are that the country in accepted is still undecided, now that the bill has been passed. And how it will affect apprentice banking aid, and agents and adroitness positions at this university are yet to be seen.

The University of Massachusetts Amherst Alumni Association represents over 215,000 about the globe, and provides programs and casework to enlighten, strengthen and advance students, faculty, agents and alumni. For added information, go to http://umassalumni.com/.

Media Contact:
Norma Heim
413-577-0312
njheim@admin.umass.edu

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