It is not a long term solution, and it is not equitable in the sense that people who also may need it may not feel comfortable reaching out for it. Toward A More Flexible System Lowry said there needs to be more sustainable solutions designed to alleviate the stress placed on students. I think there is a logic behind the way Financial Aid works, but what were finding is that it is not adjusting to specific issues, he said. It could be more flexible. The initiatives underway will attempt to adjust the Financial Aid system to cater more directly to students, according to Lowry. It is not a matter of payment, but more a matter of how smooth the process is, he said. A large portion of that is helping students understand how they can pay in a more simplified manner in laymans terms, outside of a counselors office. He also emphasized the emotional components of the financial aid process, describing money as just one of the items of baggage that handicaps students. There needs to be a more organized and structured manner [so] people who need it can get it, he said. Within the larger context, these students [require] emotional support, so there [has] to be more understanding within the system itself for specific cases. Lowry suggested making more digestible resources available to students, so they know what to expect before going into the financial aid office. There are three simultaneous projects we are working on, said Lowry about the initiatives. Out of respect for the administrators with whom we wish to discuss these plans, we will release more information about [the initiatives] after administrators have received a first courtesy notice, as they will be instrumental in this process. Grants from the University In response to the growing debate about the schools financial aid system, Gretchen Ryan 97, associate director of Financial Aid, said, Cornell University makes admissions decisions without regard to the ability of students or parents to pay educational costs. In her statement, she said that the university prioritizes need-based financial aid to U.S. citizens and permanent residents, and provides a limited amount of aid for international and undocumented students.

For the original version including any supplementary images or video, visit http://cornellsun.com/2015/10/13/second-student-turns-to-gofundme-to-raise-tuition/

Some Ideas For Consideration On Establishing Necessary Factors Of Crowdfunding

Rewards-based crowdfunding has grown exponentially over the last 5 to 7 years from virtually an entirely new model to a multi-billion dollar industry. Now the crowdfunding crowdfunding model has expanded via sites like Crowdfunder.com and CircleUp who are bringing an ever more potent and powerful element to the table — investment. (Previously, it was against the law to raise investment online.) Of course, equity crowdfunding is not purely a U.S. phenomenon, as some US investment platforms have already expanded internationally to help bring the model of early stage investing in startups and innovation to new regions. But can this help create new “Silicon Valley” environments and ecosystems in other places around the world?

For the original version including any supplementary images or video, visit http://www.huffingtonpost.com/chance-barnett/will-equity-crowdfunding-_b_4904534.html

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