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U of M targets financial aid to low-income students

Determined students use Pell grant to graduate almost debt free

By Charles Hallman

Staff Writer

University of Minnesota President Eric Kaler recently announced a new four-year initiative to improve keeping low-income students in college. “We intend to lower the barriers for low-income students to attend the U and obtain their degrees,” said Kaler in a January 16 press release. According to school officials, research shows that low-income students are more likely to drop out of school or delay their degree work due to finances. Approximately 21 percent of U of M undergraduate freshmen (over 1,100) are Pell grant recipients — money from the U.S. government that provides for students to pay for college based on financial need. The MSR last week sat down with four first-year U of M students and Pell grant recipients. Continue Reading →

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