Jan Murphy
Harrisburg Patriot-News
Making good on a statement he made in his 2011-12 budget address about the need to find a new funding model, Gov. Tom Corbett chose to invest the new money he put into higher education into students.
His budget would provide $25 million for a merit- and income-based aid program called Ready to Succeed scholarships that would be administered through the Pennsylvania Higher Education Assistance Agency. In addition, he would maintain funding for the state’s need-based grant program at the current $345 million, which PHEAA would supplement with $75 million from its earnings off its loan servicing business.
Read more: http://www.pennlive.com/midstate/index.ssf/2014/02/college_students_are_the_big_w.html