By Sarah Cooksey, Chattanooga, TN— The Financial Aid Department is providing students with different ways to celebrate financial literacy month. Planned events include implementing financial literacy workshops with various on-campus organizations, providing confidential one-on-one financial counseling and promoting financial stress awareness with several financial institutions and organizations at the UTC Stress Fair, according to a news [...]
Federal spending cuts to lead to increased student loan fees
March 19, 2013 by
By Aaron Wells, Chattanooga, TN—Students who accept certain federal loans can expect increased fees due to recent government spending cuts, commonly known as the “sequester.” Earlier this month, President Obama signed into law a series of federal spending cuts which will amount to $1.2 trillion over a 10-year period. The first cycle of cuts took effect March [...]
Obama introduces ‘Scorecard’ aimed at ranking college value as sequester threatens financial aid cuts
February 25, 2013 by
By Emily Gurchiek, Chattanooga, TN—With college and university tuition rising every year, President Barack Obama said during his State of the Union speech he wanted to find a way to hold schools accountable by grading them on their affordability and value. The president’s message was delivered as the sequester, a series of automatic budget cuts [...]
Financial aid office hosts events to help students manage money, complete FAFSA
January 16, 2013 by
By Sarah Cooksey, Chattanooga, TN—Although as pop star Jessie J says, “it’s not about the money-money-money,” the UTC Financial Aid office has various events to have students thinking about money. The office, located on the second floor of the UC, aims to please, Jeff Rector, assistant director, said. Thursday, Jan. 24 and Friday, Jan. 25, [...]
Economy impacts work study opportunities, increases demand
November 27, 2012 by
By Josh Wakefield, Chattanooga, TN–A bad economy could cause higher demand for work study jobs, Dianne Cox, director of financial aid at UTC, said. “More [students] may have families that are struggling financially than in the past [or] a parent that maybe has been laid off from a job so we are seeing students are [...]
Obama re-elected President of the United States
November 6, 2012 by
By Megan Ferguson and Christina Maximos, Chattanooga, TN—President Barack Hussein Obama remains the President of the United States for another term. After a close, neck-and-neck race, Obama was elected president in 2008 and officially became the 44th President of the United States in 2009. Obama will continue for an additional term. The election will have [...]
SALT offers financial advice to students
October 3, 2012 by
By Kristina Kelly, Chattanooga, TN—UTC has recently partnered with SALT to educate current students and alumni on how to be financially wise during their college years to prevent young adults from being weighed down by loan debt. SALT is a nonprofit organization created by the American Student Assistance (ASA). According to Dianne Cox, director of [...]
Financial aid changes impact students
August 29, 2012 by
By Lindsay McMaster, Chattanooga, TN– Two new changes in financial aid will affect the way enrollment status is calculated for students and the way students can withdraw from their credit hours. The changes, which stem from new federal regulations, will affect student schedules beginning this semester. Dianne Cox, director of financial aid, said if a [...]
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