An Informal and Short Survey on Meaning of Education Finance

When I decided to take the course on Education Finance, my initial reaction or thoughts about what they course would entail for the semester were tuition, fees, scholarships, and loans. I posted on Facebook to ask of Facebook'ers on their own initial reaction when they "hear" the words "education finance." So far, only 6 people have responded to the post, and their response basically share the same points as I had. One person simply said FAFSA. Most said tuition, loans, debts, scholarships. One mentioned tuition but for her kids while one person also mentioned how "stupid" the allocation of aid to students. This person who mentions the allocation of aid, now that I've taken this course, may or may not know it but he is concerned int he policies governing these scholarships and grants.

I have mentioned about scholarships and grants provided by my home island, and with some sort of understanding of these policies, role of government and other organizations in the financing of education, I come to see that I have a sort of clearer insight of what's going on with these grants or government provided educational funding. For the grant I have been anxiously waiting for, I believe policies and bureaucratic aspects that are prolonging the process. Other students who have been waiting for their award are frustrated and worried about problems that may be similar to mine: dis-enrollment, financial holds on their student records, and discontinuation or postponing their education.  I am frustrated but somehow, understanding or having a slight idea of what's going on, I seem to sit patiently and wait...well...because HOW OR WHAT CAN I DO! I am not the policy make and have no influence in the minds, decisions, or behaviors of the policy makers and board who are involved. To them, I'm just an applicant at my knees waiting for their say. I just want to reach in their and find out what really is going on!

Reading and learning about need-based policies involved in the FAFSA made me take a second look at the Compact of Free Association with the US and Palau. I need to make other students like me from Palau understand what's going on. Maybe then they will know how to approach their own application process and the boards and Ministry of Education...and probably want to do something about it!