March 11, 2013
Financial aid won't be cut, higher ed chancellor says
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CHARLESTON, W.Va. -- Although higher education is absorbing about one-third of the $75 million of cuts in the proposed 2013-14 state budget, Higher Education Policy Commission Chancellor Paul Hill said the commission decided not to make any cuts to financial aid programs for students.

Hill told the Senate Finance Committee on Monday that preserving funding for Promise scholarships, Higher Education grants and other student financial aid at the current $92.13 million level was the commission's top priority, although it means 8.9 percent budget cuts for state colleges and universities.

Gov. Earl Ray Tomblin has requested that nonexempted state agencies cut their 2013-14 budgets by 7.5 percent.

"We're asking the institutions for the most part to take across-the-board cuts," Hill said.

Those cuts range from $419,427 at Potomac State College to $10.39 million at West Virginia University.

However, the institutions will benefit from the full funding for student financial aid, he said.

"Of course, most of that money flows back to the institutions," Hill said of the $92.13 million.

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