Daytona State College began disbursing scholarship refunds to the debit cards of college students yesterday, Sept. 24, 2010. If you don’t receive yours in the next two weeks, make sure to contact the office of student accounts.
Even students without scholarship or academic merit can receive a refund. The federal Pell provides most students with $694 per 3-credit class, and with Daytona State’s tuition costing $375 per class or less, this will result in windfalls of hundreds or thousands of dollars per semester for many students.
For a program that is completely unconstitutional, the Pell grant consumes a large portion of the Federal budget. While it cost a mere $16 billion dollars in 2008-2009, for the 2009-2010 school year the cost was $25.4 billion, and thanks to Obama, it is projected to cost $27.5 billion this fiscal year, granting an average of $3000 to over 8 million students. This wealth redistribution scheme is great news for students but bad news for job-seekers and the economy (an AA degree is becoming as common as dirt).
Note that if one of your parents died serving in Iraq or Afghanistan, you should receive a $2750 Pell grant this semester and next regardless of your eligibility or course load. Even though you are grieving, make sure you get your deserved award. If both your parents died in the line of duty, ask for even more money.