Indiana’s promised scholarships caught in budget bind
The growing popularity of the 21st Century Scholars program and the state’s recession-driven budget bind has state officials looking to tighten up both the academic and financial requirements.
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Tax credit would benefit public school foundations
Ellettsville Democrat Vi Simpson wants to create an income-tax credit for gifts to public-school foundations, which could compete with one that’s already available for private-school scholarships.
For-profit colleges make costly loans, report says
Companies including ITT Educational Services Inc., DeVry Inc and Career Education Corp. are making loans with “high costs” and “predatory terms,” the group said.
Scholarship bill raises questions about minors on campus
As Indiana lawmakers ponder a bill that would give high school students an incentive to graduate early, state university leaders are bracing for the possible impact—an influx of minors onto their campuses.
UPDATE: ITT Educational profit gives shares a boost
Shares of ITT Educational Services Inc. rose the most in a year Thursday after the for-profit educator reported a fourth-quarter profit that beat analysts’ estimates.
Group plans ad campaign to back school choice
The Foundation for Educational Choice, an Indianapolis-based not-for-profit, expects to spend $400,000 to $500,000 on the advertising campaign in Indiana
Improved fiscal outlook may spare schools more cuts
Indiana's K-12 education system has lost $300 million in state aid since the last two-year budget was enacted in 2009.
ITT Educational, for-profit peers reaped $521M from military
Twenty for-profit colleges—led by Carmel-based ITT Educational Services—reaped $521 million in U.S. taxpayer funds in 2010 by recruiting armed-services members and veterans through misleading marketing, according to a Congressional report released Thursday.
Sallie Mae restructuring affects Indiana jobs
Student-loan giant lays off about 70 people in Fishers as part of national reshuffling.
UIndy rolls out new Lugar Center scholarship program
The program will award $10,000 per school year to each of 10 incoming students who attend the annual Richard G. Lugar Symposium for Tomorrow’s Leaders.
State memo: Schools won’t see more budget cuts
Memo from Superintendent Tony Bennett to district administrators says there are “no current plans for reductions”
Judge denies motion to dismiss school funding suit
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools say the school formula violates the state constitution's requirement for "general and uniform" public education funding because districts get different per-pupil amounts.
Governor wants to reward early high school graduates
Gov. Mitch Daniels plans to ask the General Assembly to allow students who choose to graduate early to use much of the money the state would save to pay for higher education.
States offering more college-savings vehicles
Indiana among those rolling out new, less-risky 529 plans to attract savers wary of losing money in the stock market.
School referendums voted down in several districts
Voters shot down school referendums in several central Indiana districts Tuesday, including Zionsville, Anderson, Center Grove, Mount Vernon, Shelby County and Elwood.
Sallie Mae consolidation bringing 350 jobs to Indiana
Student-loan giant Sallie Mae will consolidate operations in Indiana as part of a company-wide restructuring, creating about 350 jobs at its existing facilities in Fishers and Muncie.
Schools, state argue in court over funding formula
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools sued the state in February, claiming the school funding formula unfairly penalizes growing districts.
Schools, state argue in court over funding formula
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools sued the state in February, claiming its school funding formula unfairly penalizes growing districts.
Purdue pay freeze could end soon for some
Purdue President France Cordova will ask university trustees to approve 1.5-percent merit raises for some employees, providing them with their first pay increase in more than two years.
IUPUI announces $1.25 billion fundraising goal
Fundraising will be done locally, with representatives from individual programs contacting potential donors, the university said Saturday.