Mount Holyoke News - Friday, December 15, 2023

Page 1

Mount Holyoke News AN INDEPENDENT STUDENT NEWSPAPER SINCE 1917 FRIDAY, DECEMBER 15, 2023

MOUNTHOLYOKENEWS.COM

Students struggle to pay tuition as cost of attendance rises BY MARIAM KEITA ’24, EMILY TARINELLI ’25 AND MADHAVI RAO ’24 EDITOR-IN-CHIEF | SPORTS EDITOR | FEATURES EDITOR

The Mount Holyoke College Board of Trustee’s decision to significantly raise its cost of attendance for the 2023-2024 school year has inspired renewed conversations about how financial aid is calculated at the institution. Mount Holyoke News reached out to current students, staff members, parents and former students who transferred to other institutions, citing financial struggles as a significant factor in their decision to continue their studies elsewhere, to learn more about financial aid processes at Mount Holyoke College. Mount Holyoke News also spoke with several individuals who have interacted with Student Financial Services to understand better how the office responds to federal financial aid policies, which factors determine how much aid a student receives, and how the appeals process operates. Together, these portraits depict the difficult reality for students who are forced to leave Mount Holyoke due to financial circumstances out of their control. How Mount Holyoke calculates student financial aid Every institution has internal metrics for calculating a student’s financial need and how best to disburse financial aid. Mount Holyoke belongs to the Consortium on Financing Higher Education, a network of 39 liberal arts colleges that have voluntarily committed to meeting the full demonstrated need of all admitted students. Some of these schools have also committed to refrain from packaging loans for students receiving needbased aid, including fellow members of the Five College Consortium. Amherst College switched over to a noloan model in the 2008-09 academic year. In Oct. 2021, Smith College transitioned to this model with the Fall 2022 semester. This left Mount Holyoke College, the only COFHE member in the Five College Consortium, still packaging loans for needbased aid recipients. According to Executive Director of Student Financial Services at Mount Holyoke College Tayler Kreutter, SFS packages a combination of merit-based scholarships, other grants and scholarships, loans and work-study to meet a student’s demonstrated need. SFS calculates demonstrated need using a software system called PowerFAIDS — owned by College Board — through a process Kreutter described as “institutional methodology.” “The methodology behind the scenes takes as large of a snapshot of families’ financial circumstances as it can and distills down that information,” Kreutter said in an interview with Mount Holyoke News, explaining why SFS uses the College Scholarship Service Profile. “We feel like the more information we have, the more equitable and consistent

Photo by Emma Quirk ’26 One father told Mount Holyoke News that he took out a $30,000 loan for his daughter’s schooling.

we can be in awarding it for all of our different students.” Federal changes regarding how financial aid is calculated and awarded based on the Free Application for Federal Student Aid, better known as the FAFSA, are on the way. The aid application for the 2024-2025 school year — which typically opens by Oct. 1 each year — will not become available to students seeking federal aid until Dec. 31. Through the 2020 FAFSA Simplification Act, Congress wants the Department of Education to raise the threshold for protected family income — income excluded from the calculation determining need-based aid eligibility — to 20-60% depending on individual circumstances while adjusting annually for inflation, The Washington Post reported. The DOE has failed to update calculation standards to match the FSA guidelines, which could negatively impact students’ aid eligibility nationwide, according to The Washington Post. At many non-need-based institutions, the earlier a student completes the FAFSA, the more institutional funding is available to them. However, the delayed FAFSA deadline this year will likely leave colleges scrambling to assess students’ financial circumstances and disburse aid packages. Kreutter says that SFS will rely on the CSS profile — an application used to determine eligibility for institutional aid, awarded directly from Mount Holyoke — to project the amount of federal aid that domestic students will be eligible for in the 2024-2025 school year. However, students will still need to apply to receive these funds using the FAFSA. Kreutter’s office is preemptively planning a mass communications campaign to bring this information to student’s attention, with the fear being that students may not realize that they still need to apply for federal aid. According to the College’s common data set — a standardized report of demographic and financial data that most higher education institutions report annually — Mount Holyoke awarded $57,539,906 in institutional need-based aid for the 2022-2023 school year. Of the 1492 students who applied for it, 1358 — 91% — received it, with the average award for full-time students being $46,978. When a student’s idea of their financial need does not align

with the College’s assessment, SFS places the burden on them to request an appeal. Then, requests are processed by an appeals team that meets throughout the year to review cases. Kreutter said that appeals cases typically deal with parental job loss, unreimbursed medical expenses and financially supporting extended family members unaccounted for in the FAFSA or CSS Profile. “What is sometimes difficult is that I’ve worked with a lot of families in the past who have hesitancy to share information [for] multiple different reasons,” Kreutter said. “Talking about finances is never easy. Talking about finances with a stranger? It’s exponentially not easy. And I think that’s one of the reasons why we shifted to the dedicated counselor model.” A student left behind and a desperate dad who loves his daughter A recent revision to her needbased financial aid may force Kaia McTigue ’26 to unenroll from the College. “I was receiving a significant amount of financial aid last year,” McTigue said. But when she received her financial aid offer during the summer before the 202324 academic year, McTigue said, “it was significantly less aid — actually, little to no aid.” Thinking that there had been a misunderstanding, Kaia’s father, John McTigue, told Mount Holyoke News that he reached out to SFS for clarification. It would not have been the first time. The year his daughter was set to begin at Mount Holyoke, SFS mistakenly counted a rental property as a real estate asset and gave her a lower award. However, after communicating with SFS, the school was able to significantly revise her award — seemingly without problem, her father said. This year, however, was different. In 2021, McTigue’s father — the owner of a small printmaking business, Business Card Express — received a loan from the Paycheck Protection Program. These loans, distributed by the U.S. Small Business Administration, helped small-business owners stay employed during the COVID-19 pandemic, according to the SBA. The older McTigue told Mount Holyoke News that his business — considered essential during the pandemic since it served local healthcare facilities

— suffered around 80% in business losses during the pandemic. He used the PPP loan to retain core members of his staff and continue operations. According to a statement addressed to SFS from the father’s Certified Professional Accountant, which was shared with Mount Holyoke News, SFS refused to take her father’s COVID-related business losses into account when calculating aid. SFS also counted the PPP loan as income after it was forgiven by the federal government, a move which he said went against Generally Accepted Accounting Principles. The McTigues say SFS rejected their appeal. The father told Mount Holyoke News that paying for almost all of his daughter’s fees out-of-pocket this year has presented a significant financial burden for him and his family. “When I first got the news, it was devastating,” the older McTigue said. “I’ve been in business for myself since I was 23. I haven’t worked for anybody else. I have never in my entire life felt so completely gutted and stabbed in the back. So blind-sided, so utterly blind-sided.” The father said that at first, he was not able to find the words to tell his daughter she might not be able to return to the College, hiding the news from her until the end of the appeal process. “My daughter is amazing. … Not one time in her entire life have I ever ever ever had to ask her if she did her homework. Not one,” the father said. “That was the toughest thing, [Kaia] feeling like it was her fault. Seeing Kaia taking blame. I’m like, how can you have done better than a 4.0 [grade point average]?” Both father and daughter told Mount Holyoke News that to fund this academic year, they have had to deplete all funds reserved for her education, along with those reserved for her younger brother. The father has also taken out an additional $30,000 in loans — a move that he explained will likely delay his retirement indefinitely. “There’s no way we can do the same thing next year,” the father told Mount Holyoke News. Going into next semester, McTigue faces an uncertain future. Her current plan is to complete her sophomore year at Mount Holyoke and study abroad all next year to circumvent the College’s cost of attendance — provided she can receive grants and fellowships to offset the costs. If McTigue’s financial aid offer is not revised by her senior year, she will have no other option but to transfer during her last year at Mount Holyoke. Ilhan and Siona: Zoom today, gone tomorrow Ilhan, who asked to use only her first name for this story, enrolled as a first-year student at the College during the 2020-2021 school year. Like McTigue, Ilhan recalled having adverse experiences with SFS in her year at the College. Though, unlike McTigue, she was successfully able to appeal for more aid for her second semester. “SFS were very unforgiving

when it came to financial aid, appeals and loans,” Ilhan said in a written response to Mount Holyoke News, describing her attempts to appeal her financial aid award after COVID-related job losses within her family. Unlike McTigue, the Minnesota-native never had the opportunity to step foot on campus as a student. Ilhan, who said she is immunocompromised, spent her entire first year learning remotely due to the pandemic, taking coursework online from her family home before transferring to the University of Minnesota Twin Cities. “I soon realized that this wouldn’t be sustainable at all, especially for 3 more years. … Finances were the biggest issue overall and the catalyst for me needing to withdraw from Mount Holyoke, a little more support during the pandemic would’ve helped [a lot] to keep me enrolled as a full-time student,” Ilhan said. “I think the College has a lot of work to do to accommodate for low-income and first-generation students, in all aspects of higher education including academic, financial, guidance, and professional areas.” Siona Ahuja ’24, an international student from Delhi, India, told Mount Holyoke News that she spent her Spring 2022 semester in conversation with SFS at Mount Holyoke, appealing for a financial aid revision after a medical emergency and COVID-related unemployment left her family unable to handle the cost of attendance. While Ilhan’s appeal was successful, Ahuja’s appeal was rejected by SFS, like McTigue. After four semesters at Mount Holyoke, the first of which she completed remotely from Delhi, Ahuja is now a senior at the University of Illinois Urbana-Champaign. Ahuja told Mount Holyoke News that while the cost of attendance was not the only reason she decided to transfer, it was “a pretty big factor!” An international student in strife Another international student at Mount Holyoke — who asked not to be named — turned to SFS for help during the Spring 2022 semester. The year before, the currency in her country had rapidly devalued due to ongoing civil conflict. “What I was given as my parental contribution when I first got an acceptance letter was no longer attainable for my parents because [my family contribution was] almost double what they make in the currency where they live,” the student said. However, she claims that her appeal was denied. SFS informed her that currency devaluation in a student’s home country was not seen as a qualifying circumstance for repackaging financial aid at the College — she would need to wait a year and then file another appeal. The senior told Mount Holyoke News that when she appealed again, she was working the maximum number of hours allowed of international student workers at her two jobs on CONTINUED ON PAGE 6

u

APAU organizes community game night to relieve stress during finals BY BRIE FOSTER ’27 STAFF WRITER

It’s final exam season, which means stress is in the air at Mount Holyoke College. Towards the end of the semester, most college students experience stress in some capacity, whether it be from projects, exams, or presentations. To keep spirits as high as possible, the College and student organizations have hosted destress events on campus. One of these events, a casual game night hosted at the Beverly Daniel Tatum Unity Center, took place on Friday, Dec. 8th, and was hosted by MHC’s Association of Pan-African Unity. With a wide variety of card games, board games, and even a Kahoot!, the APAU hoped that the event would allow attendees to “de-stress and enjoy the company of friends,” according to their event’s Instagram.

u

2

Fatou Barry ’24, co-chair of the APAU, said, “These events are important to create space for people to relax and take their minds off of classes and assignments.” Outside of these events, however, Dean Marcella Runell states that it is important to have independent coping mechanisms for exam stress. In her December 8th “The Dean’s Corner” newsletter, Runell told students, “I know I’ve said this before, and I will continue to encourage you to take care of yourself in the ways that work best for you.” To take care of herself during finals season, Barry shared that she likes to be proactive about her work to schedule her free time to de-stress. “I have been trying to get ahead of my work by starting early and making sure I take mental health days. One of the things I like to do in my free time is watching movies or shows. So I just binge-

FEATURES: TikTok highlights racism at MHC

u

watch and take naps when I can,” Barry explained. When asked how she copes with finals stress, Kit Moore ’27 shared additional ways to spend self-scheduled free time. “To deal with my finals stress, I am taking time to myself. I do this by working on my crochet projects, watching movies with friends, and listening to music while I go for a walk,” said Moore. A UK non-profit, YoungMinds, suggests that to cope with exam pressure, students should reach out to friends or family, ask for help, and set realistic expectations. According to YoungMinds’ guide to exam stress, “it can be helpful to think about all the things you’ve achieved so far, in or outside of studying. … Write a list of all the things you like about yourself, and the things other people value about you too. Setting aside time for the

Photo by Brie Foster ’27 Students attend the de-stress event hosted by MHC’s Association of Pan-African Unity last Friday.

things you enjoy and are good at can really boost your self-esteem.” YoungMinds also advises against comparing yourself to others. “You might think that other people are do-

4 GLOBAL: New anti-LGBTQ raids sweep Russia

u

ing better, revising more, or just not stressing out as much. But we’re all different and that’s okay. Remember, your friends are coping with exam stress too,” YoungMinds wrote.

7 BOOKS: Emly Wilson translates ‘The Illiad’


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Mount Holyoke News - Friday, December 15, 2023 by Mount Holyoke News - Issuu