UHEAA to Issue Student Loans at a Loss

Apr 18, 2008 by Jeff Robinson

(KCPW News) For the first time this year, Utah will be issuing state-backed student loans at a loss.  KCPW's Jeff Robinson explains.

 

Because of the credit crunch, UHEAA's board of directors voted last month to cut emergency grant amounts from $720,000 dollars to $360,000. They also voted to suspend a few borrower benefits for new loans issued starting May 1st. For more information, here are some documents discussed by the Board of Regents on Friday. 

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