Thursday, August 23, 2012

President Floyd responds to delays in financial aid distribution

President Elson S. Floyd says Zzusis is to blame for the financial aid crisis.

?The simple reason that the lines are there this year is because of the implementation of the new system,? he said in a meeting with The Daily Evergreen yesterday.

WSU students have received roughly $61 million in financial aid so far, but they're still awaiting nearly $90 million more.

In the mean time, the university offers short-term loans up to $2,000 apiece for students eligible for financial aid.

The deadline for late tuition payments has been pushed back to Oct. 1.

The state appropriation WSU received to create and implement Zzusis required that the system be running by June 30. The previous operating system crashed, Floyd said, forcing the university to rush to install the software.

?The reality is we have to get it right,? he said. ?If we don?t award financial aid in the way it was intended, then that could result in audit findings which would then eliminate our ability as an institution to receive federal grants and contracts as well as financial aid.?

Floyd could not, however, explain the exact problems with Zzusis.

The Daily Evergreen also asked why the lines are much longer than they were last year, despite claims that the same amount of money has been issued this year. Floyd could not explain that, either.

The university has tried to accommodate those waiting for hours in line, Floyd said. Dean of Students Melynda Huskey handed out Ferdinand?s Grabbers to members of the line.

?So what we?ve tried to do is make the waiting-in-line experience as pleasant as we can while responding to those issues,? Floyd said.

Despite the comfort of ice cream, thousands of students are still waiting for their financial aid. Floyd anticipates every student will have their aid in the next 14 days.

Source: http://dailyevergreen.com/read/SIDEBAR

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