** UPDATE From UL ** TOPS Payments To Resume Next Week
Following yesterday's announcement that TOPS payments were being halted immediately, today the Louisiana Office of Student Financial Assistance (LOFSA) reversed the initial statement and said payments would resume. Individual colleges will have to absorb 20% of the costs.
Dr. Joseph Savoie, President of UL Lafayette issued the following statement,
The University of Louisiana at Lafayette is working to mitigate the impact of the potential reduction of TOPS state scholarship funding for our students. The university will fulfill the state’s commitment to students for TOPS funding for the 2015-2016 academic year, including the Spring 2016 semester. We are working with our state legislators to come up with short- and long-term solutions for TOPS stability. We are hopeful that the upcoming legislative sessions will yield outcomes that support students and this important program.
Other changes to TOPS may occur during the upcoming legislative session that begins Sunday.