COLUMBIA, Mo. - The economic downturn means the University of Missouri is being flooded with an increasing number of financial aid applications.
KOMU-TV in Columbia, Mo. is reporting a 16 percent increase in the number of financial aid applicants for the upcoming school year at the University of Missouri. The financial aid office at the university says it has more than 20,000 applications for aid. That compares with 17,000 applications the previous year.
The director of financial aid for the University of Missouri told KOMU-TV he blames the economy.
"I think the economy has a lot to do with it. Nationally the figures show that financial aid applications across the country are up by about 22 percent. I think the economy has a lot to do with that," said Jim Brooks.