OSAC scholarship overcommitment fallout

4/4/2010: From Bill Graves in the Oregonian:

SALEM – Higher education officials today reviewed options for dealing with a shortage of money for need-based state college scholarships next year, the results of miscalculations that led to too many grants this year. …

The commission expects to have about $32 million to $37 million for the grants next year, about half what it is awarding this year.

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