PEG/PFAP Funding Cut for 2010-2011
March 26, 2010
The State of Arizona continues to face serious economic challenges and unfortunately, State student financial assistance programs have been affected. On March 18, 2010 House Bill 2001 was signed into law. One result of this legislation is the funding for both the Postsecondary Education Grant (PEG) and the Private Postsecondary Student Financial Assistance Program (PFAP) will not be available beginning with the 2010-2011 academic year. As such, the Commission will not accept applications for these grant (forgivable loan) programs for the 2010-2011 academic year.
Students seeking replacement financial assistance are encouraged to speak to the financial assistance office at their college or university to learn of any assistance the institution can offer. Also, the resources listed below may be helpful when looking for additional aid opportunities:
- Free online scholarship searches such as: www.fastweb.com, www.finaid.org and www.collegeboard.com.
- Community centers/organizations, your employer, place of worship
- Private donors (ex: Rotary, Elks, Boy Scouts of America, etc.).
Arizona is home to three College Access Resource Centers. These free resource centers may have additional scholarship listings and funding resource information that students can utilize. Check out their websites for additional information:
Phoenix Metro Area: College Depot - http://www.phoenix.gov/collegedepot/
Tucson Area: Regional College Access Center in Tucson www.metedu.org/rcac
Northern Arizona: Northern Arizona College Access Resource Center - www.nacrc.net
It is unfortunate that the State revenue shortfall has resulted in student financial assistance reductions. The Commission will try to minimize the affects on student educational goals and work on behalf of all Arizona students to help find additional resources to pay for educational expenses. Please check back for updates.