State aid cuts would hurt 150 at MIT
By Neil J. Ross
About 150 MIT students would be directly affected by the proposed Massachusetts state government cuts in financial aid. Some $140,000 for undergraduate scholarships and $190,000 for graduate support would be slashed in a total MIT student aid budget of $22.5 million.
In all, about 370 Massachusetts residents are enrolled at MIT.
Director of Student Financial Aid Leonard V. Gallagher '54 warned that while the reduction itself was relatively insignificant, the steady erosion of funding from traditional sources could potentially be of concern.
However, both Gallagher and Roger H. Watkins, associate director in the Student Financial Aid Office, gave assurances that the official policy of funding students according to need would still be honored. "No students will be left high and dry," Watkins said.
Watkins added that the office was still in the process of analyzing the impact of the budget cuts, and that firm figures would only be available after the legislature provided better details of the proposals.
Students who would lose money from the state cuts in scholarship or matching funds arrangements would have the difference made up by the Institute from general undesignated funds. This year undesignated funds accounted for $9.5 million of the student financial aid budget.
Proposed state cuts total $23.6 million. Other universities near MIT with substantial numbers of Massachusetts students stand to lose much more. Boston University, Boston College and Tufts University are among those which would be worst hit. The Tufts Veterinary Medicine School alone would lose $3.8 million.
Federal student aid -- $2.8 million this year -- was regarded as slightly more stable than state contributions.