Student Grants and Scholarships Reduced as Schools Face Financial Difficulties

A soon-to-be-released report by student loan provider Sallie Mae reveals that grants and scholarships (money that does not have to be repaid) fell 15% during the just-completed academic year. The Wall Street Journal has the story:

http://online.wsj.com/article/SB10001424052702303612804577528770015146982.html