UOG students urged to take advantage of financing

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Bill 367-35, introduced by Senator Amanda Shelton authorizes a one-time $500 payment to Guam families with young adult dependents and individuals with disabilities, many of whom were left out of an earlier federal stimulus package.

With tuition fees rising at the University of Guam, the chair of the Legislature’s higher education committee wants to increase awareness of the many financing options that students have available for them.

Sen. Amanda Shelton, in an interview with the Patti Arroyo show on NewsTalk K57, said not too many students are aware of their financing options.

She said this is the reason she filed Bill 220 which would require Guam public high school seniors to fill out the free application for federal student aid (FAFSA).

“Students can fill this out before they graduate high school. This would make it an opt-out option instead of opt-in,” Shelton said.

She added that for those students who think they can’t afford college, knowing about the financing options can help them realize that college could be possible for them.

As reported in the 2018-2019 UOG Factbook, sixty-five percent (65%) of the total financial aid awarded to students received aid from federal sources.

And of that number fifty-eight percent (58%) received aid from the federal Pell Grant.

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