University Business September 2017 - 17

Maryland bans scholarship displacement
Reducing student financial aid packages based on scholarship funding from
outside sources, a common practice,
will no longer happen at public colleges in Maryland. Because of legislation passed in July, a student's financial
aid package can not be reduced unless
the student's total financial aid exceeds
college costs or the scholarship provider
gives permission.
Central Scholarship, a nonprofit
organization that provides scholarships
and interest-free loans to Maryland
students, had advocated for the law.
Some institutions employ displacement
to spread funding among more students,
which frustrates scholarship providers
who want to have a direct impact

on student outcomes.
"If a scholarship provider wanted to
support a college, they'd give the money
directly to the college and not to a student," says Mark Kantrowitz, a higher ed
consultant as well as publisher and vice
president of strategy at Cappex.com, a
website providing college admission and
financial aid information.
One-fifth of colleges and universities
nationally reduce their own grants before
reducing loans when an outside source
scholarship is awarded, according
to Kantrowitz. That statistic helped
prompt the new law. He says colleges
that give out athletic scholarships often
do not apply the same displacement
rules to their own scholarships, further

complicating the issue.
With increased awareness of successful advocacy among scholarship providers, as well as a model for lawmakers
to follow, institutions can expect other
states to consider similar legislation.
In response, institutions may want to
forge compromises with scholarship providers, such as by using scholarships to
reduce unmet need or possibly creating a
50-50 split to help limit loans.
Kantrowitz advises forming publicprivate partnerships. "The scholarship
providers and the colleges work together
to maximize the impact of the financial
aid that the students are receiving because then everybody wins," he says.
-Ray Bendici

OCTOBER 4 ยท REAL ESTATE

COURSE CATALOG

URBS 331 - Food and the City
Taught by Douglas Cremer, Dean of
the College of Liberal Arts, Woodbury
University, California
"One of the most contentious
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policy. Do you really know how food is
grown, harvested, packaged, shipped
and sold so that it ends up on your plate?
And how do these issues impact the
way cities function? In this course, we
explore food in an urban environment,
including current issues in food politics
(labor, policy, immigration), food justice
(underserved communities, food deserts),
trends in food movements (locavore, slow
food, farmers markets), environmental
concerns and industrial agribusiness. Field
trips and guest speakers get to the heart of
foodie-ness in Southern California."

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An appointment for inspections is required. Call 312.278-0600 ext 101 to schedule.

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www.universitybusiness.com

312.278.0600
September 2017 | 17


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Table of Contents for the Digital Edition of University Business September 2017

University Business September 2017 - Intro LOC
University Business September 2017 - Cover1
University Business September 2017 - Cover2
University Business September 2017 - 1
University Business September 2017 - 2
University Business September 2017 - 3
University Business September 2017 - 4
University Business September 2017 - 5
University Business September 2017 - 6
University Business September 2017 - 7
University Business September 2017 - 8
University Business September 2017 - 9
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University Business September 2017 - Cover3
University Business September 2017 - Cover4
University Business September 2017 - 58
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