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Financial Aid
YSU Campus News
Importance
1
Financial aid recipients rise to 88 percent
by The Jambar

Apr 27, 2011
“The Youngstown State University Office of Financial Aid and Scholarships has its hands full, with 88 percent of students using some form of financial aid as of the 2009-2010 academic year. This is a 1 percent increase from the previous year.
Of this total, more than 61 percent are student loans.”

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Importance
1
Scholarship memorializes Youngstown realtor
by The Jambar

Apr 11, 2011
“Realtor Vivian Martin was killed on Youngstown's East Side while showing a house in September. Now, one association is continuing her memory through a college scholarship fund.
The Youngstown-Warren Realtist Association established the scholarship, which is intended for African-American high school seniors graduating from the city school systems of Youngstown and Warren.”

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Importance
1
YSU gains financial strength to refinance University Courtyard debts
by The Jambar

Apr 06, 2011
“Youngstown State University will refinance the $20.8 million debt and $3.1 million deficit it has accrued on the University Courtyard Apartments. The fixed interest rate expires in May 2012.
The YSU Foundation gave the loan guarantee when the banks wouldn't loan the money to the University Housing Corporation alone, even with the support of the university.”

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Importance
1
Education bubble
by The Jambar

Oct 06, 2010
“Go to college.
If you are reading this, you have probably heard it before - from your high school counselor.
What your counselor didn't tell you is how to find a job after you rack up tens of thousands of dollars in student loans.
As we struggle to survive the latent effects of the national credit crunch and the housing market fallout, we are entering the beginning stages of an education bubble.”

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Importance
1
Downed economy to blame for fewer YSU Foundation contributions
by The Jambar

Oct 06, 2010
“In fiscal year 2011, Youngstown State University received more than $1 million less from the YSU Foundation than in previous years.
This year's total contribution for scholarship programs was $4,103,900, which is down from $5,462,100 and $5,269,050 in fiscal years 2010 and 2009 respectively.”

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Importance
1
Scholarship reserve funds depleted
by The Jambar

Oct 04, 2010
“The scholarship reserve funds at Youngstown State University were depleted for the fiscal year 2011.
Budget Director Neal McNally said the reserve funds had to be used after an increase in the scholarship budget to accommodate the spike in enrollment this semester.”

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Importance
1
Market wounds scholarship investments
by The Jambar

Apr 19, 2010
“Economic woes have affected Youngstown State University again, but this time reducing the funds available for scholarships through the YSU Foundation.”
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Importance
1
Top YSU administrators refuse salary raise
by The Jambar

Mar 30, 2009
“In response to a troubling financial forecast, all members of the Youngstown State University president's Cabinet, including President David Sweet, have given up their expected 3 percent raises for fiscal year 2010 in order to create a new student financial aid fund.”
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Importance
1
Tax refund: Fighting the temptation to buy
by The Jambar

Jan 28, 2009
“Sophomore Shanae Sisco plans to save her tax refund check to pay for her summer semester. According to the accounting department, Shanae is on the right track. Not only should your tax refund be used for something like paying down debt or educational loans, it should not be used for frivolous spending. Curious about what should or should not be done with your tax refund?”
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Importance
1
Summer brings Web registration to MyYSU
by The Jambar

Mar 18, 2008
“Starting summer semester 2008 at Youngstown State University, instead of using multiple Web and print resources for registration, students will be using the MyYSU Portal. Online, students will be able to register for classes, sign up for parking permits, manage financial aid, and view and pay tuition bills.”
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Importance
1
Graduates can pay off loans with government service
by The Jambar

Dec 05, 2007
“Students graduating next week could get the federal government to help them pay off their student loans. Americorps, an independent federal agency, offers an award that can be used to help pay educational expenses along with a modest living allowance.”
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Importance
1
Emergency: Pregnant student athletes faced with big decisions
by The Jambar

Dec 05, 2007
“For female student athletes in college, pregnancy could result in losing financial aid, which ultimately could risk their chance for college education.”
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Importance
1
YSU Foundation names new board directors
by The Jambar

Sep 05, 2007
“The Youngstown State University Foundation, a university organization that raises money for scholarships and programs through alumni donations, recently elected new directors to its board.
Joining the board are Scott Schulick, Ted Thornton, Anthony Payiavlas, Youngstown Mayor Jay Williams, Robert O'Leary and Jocelyne Linsalata.”

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Importance
1
Loan scam sparks reform
by The Jambar

Jun 20, 2007
“As the $85-billion student loan scandal continues to unfurl, the U.S. House approved a bill requiring colleges and lenders to adhere to strict codes of conduct. The Private Student Loan Transparency and Improvement Act is a bill introduced by Senator Chris Dodd, chairman of the U.”
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Importance
1
Ohio looks for loan fraud
by The Jambar

May 02, 2007
“An ongoing investigation of the $85 billion student loan industry has state officials trying to find out if Ohio colleges are receiving gifts from companies at the expense of students.
After reports of possible fraud in New York colleges, state Attorney General Andrew Cuomo said that investigators found evidence of arrangements between schools and lenders.”

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