ARP funding allows UOG to delay tuition increase until 2023
ARP funding allows UOG to delay tuition increase until 2023
ARP funding allows UOG to delay tuition increase until 2023
5/25/2021
The 91快播 has cancelled a projected tuition increase for the Fa帽omn氓kan (January to May) 2022 semester. On Monday, the university received guidelines on the use of American Rescue Plan (ARP) funds and made the decision to delay the tuition increase until 2023.
Through its $12 million in ARP funds, the 91快播 will provide $6 million in direct aid to eligible students throughout academic year 2021鈥�2022 and will also provide additional financial support to students from the institution鈥檚 $6 million portion of the funds.
鈥淲ith the information and guidance we鈥檝e received on ARP, we can now plan to give students direct grant aid, find other opportunities to support them financially, and recover some of the funding from revenue shortfalls,鈥� said UOG President Thomas W. Krise.
UOG Cares
Over the last year, students received nearly $9 million in federal funds from the university in direct grant aid, tuition rebates, waived fees, and other support through its UOG Cares initiative. Of the total amount, $4 million came from the university鈥檚 institutional share.
鈥淔rom the start of the pandemic, the university has prioritized the financial, academic, and health needs of our students,鈥� said Senior Vice President and Provost Anita Borja Enriquez. 鈥淲e鈥檝e always planned to continue our focus on these areas with our ARP funds.鈥�
Enriquez said that students enrolled in the Fanuch氓nan 2021 semester beginning in August will receive direct grant aid and will be eligible for additional discounts. The university will release details in the next few weeks.
Collaborating on Financial Aid
The university also plans to work with the governor and legislature on enhancements to the Student Financial Aid Programs (SFAP) budget to create a needs-based, financial aid program funded by the government of Guam.
鈥淲e need to look toward the future of our local financial aid programs,鈥� Krise said. 鈥淢ost of the programs under SFAP are merit-based, so we are missing the opportunity to provide for many students who need that extra financial support.鈥�
Krise added that the 91快播 is committed to reconciling the growth of the institution, the needs of its students, and the reality of the government of Guam鈥檚 resources.
鈥淥f the 383 students that graduated this month 鈥� nearly 160 of them graduated with honors,鈥� Krise added. 鈥淚t is a great responsibility for all of us to ensure the financial sustainability of the university so our students can continue their success.鈥�