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January HECB Update summarizes recent discussions As Washington’s public colleges and universities continue to grapple with major budget challenges, the Higher Education Coordinating Board discussed the outlines for a major new study of higher education financing with members of the HECB Advisory Council. Read more. American Opportunity Tax Credit may help offset college expenses Students and families who had tuition and other college-related expenses in 2009 may be eligible to claim the American Opportunity tax credit when they prepare their federal income tax returns this year. Read more. Technology Transformation Taskforce focusing on five key service areas A taskforce working on a plan to streamline the use of technology in higher education has identified five areas of focus: 1) eLearning; 2) eLibrary; 3) eStudent Services; 4) eAdministrative Services; 5) Information Technology Support. Read the interim status report for more information. Budget Cuts Target Financial Aid Programs There are significant proposed cuts for state financial aid programs in the Governor’s supplemental budget. Proposed cuts could reduce the appropriation to the State Need Grant program by $146 million. This would result in about 15,000 students being dropped from the program and would cut awards to the remaining 56,500 students by half. SFA Budget Fact Sheets
HECB study: recession spurring continued high demand for financial aid - Read more. New strategies for higher education At the Legislature’s direction in 2009, the Higher Education Coordinating Board completed two major reports to guide the growth and funding of the state’s public higher education system. The Tuition Policy Report and the System Design Plan, plus three additional reports required by the Legislature, are now available. Go to: Reports and Publications.
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