|
Institution: Missouri
University of Science and Technology (178411)
|
User ID: 29C0011
|
1
|
Row: 20
Col: 8 |
Screen Entry |
The average amount
of this aid type is
outside the expected
range when compared
to last year's
value. Please check
the values reported
for the number of
students and the
total amount of aid
received, and fix or
explain. |
Explanation |
Yes |
Reason: |
Due to more
stringent credit
restrictions related
to the national
“credit crunch”,
fewer students were
approved for private
loans for 2009-2010
but those that were,
borrowed more. We
believe this was
related to the
economic downturn
which meant that
families had less
disposable income to
contribute to their
child’s cost of
attendance, and thus
the students had to
borrow more. |
|
|
|