The UW-System says itâ??s making â??significant progressâ? in providing more need-based financial aid for students. But future progress will depend on what the state and federal governments can provide.
UW-System President Kevin Reilly says last semester, the UW was able to help about 2,000 students with $1.76-million from the new Fund for Wisconsin Scholars. Most of that help came through either grants or stipends. Administrators say a similar amount will be awarded for the spring semester.
UW-System spokesman David Giroux says this money comes from a private, non-profit fund set up by a multi-million dollar gift from alumni John and Tashia Morgridge. (Second item.)