The University and (the Financial Aid) office are concerned about the proposed rules. Since there is little or no increase in federal assistance ... the burden on assisting financial needy students will fall on the shoulders of the University, something that all colleges are facing.

The cuts in the loan program do not have any effect on money used by the student to meet the cost of attendance. It is when the student is in repayment that their monthly payment ... could be higher due to the interest rates.