Federal graduate loan subsidy eliminated in debt ceiling deal

Though undergraduate students who benefit from a federal grant program came out on top when President Barack Obama signed a last-minute deal to raise the national debt ceiling Tuesday afternoon, graduate and professional students throughout the country will start owing more on their loans. The debt ceiling deal preserves the
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UC seeks employee comment on proposed policy amendments

Several amendments to a University of California employee policy were proposed by the UC Office of the President and effectively released Monday, calling for consideration of performance when making decisions regarding layoffs and time reduction. The proposed policy changes will allow employers throughout the UC to consider employees’ work performance
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State audit of UC calls for more financial transparency

A report issued by the California state auditor on Thursday suggested that the University of California should be more willing to make more of its financial information open to the public, though the report did not find cases of wasteful spending, as had been previously suggested by a state lawmaker.
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Debt-ceiling negotiations could impact Pell Grant aid

As a result of the ongoing debt-ceiling negotiations in Washington, D.C., federally funded Pell Grant aid packages — which many University of California students rely on — may undergo serious cuts or gain new avenues of funding in the latest proposals to reduce the federal deficit. Pell Grants — a
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UC professional schools seek to ease student financial burden

Due to a sudden increase in systemwide student fees, several professional schools at campuses throughout the University of California are seeking ways to help ease the financial burden and anxiety of their students. Last week, both UC Berkeley and UCLA’s law schools announced that they will offer scholarships to their
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Brown signs first part of state DREAM Act into law

Gov. Jerry Brown signed one part of the California DREAM Act — which will provide increased financial aid for undocumented students — into law Monday at a town hall hosted by the bill’s author. AB 130 — which was authored by state Assemblymember Gilbert Cedillo, D-Los Angeles — was passed
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UC, police union reach agreement on new contract

The University of California announced Thursday that it had reached an agreement with the UC systemwide police officers’ union on a new contract that will be valid for 15 months. Ratified by the police union July 8, the contract retroactively began July 1 and will extend until Sept. 30, 2012.
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UC considers alternate strategies to handle budget reductions

SAN FRANCISCO — With the recently approved fee increases covering only a little more than a quarter of the budget deficit for the University of California, talk at the Thursday meeting of the UC Board of Regents focused on a wide range of alternatives for dealing with the remaining budget
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