MU reacts to investigation into financial assistance scheme

11 months 1 week 1 day ago Tuesday, July 30 2019 Jul 30, 2019 Tuesday, July 30, 2019 3:33:00 PM CDT July 30, 2019 in News
By: Noel Walton, KOMU 8 Reporter
loading

COLUMBIA - A recent investigation in Chicago found some wealthy parents have been giving up guardianship of their children during high school years in order to make college more affordable.

Investigative journalism organization ProPublica reported the change happens during a student's junior or senior year of high school, with the guardianship going to a friend or family member. This allows college-bound students to declare themselves financially independent, which allows them to qualify for federal, state, and university aid for which they would otherwise be ineligible.

University of Missouri spokesperson Christian Basi said this financial aid scam has caused him to watch applicants more closely. He said learning about this is frustrating and the university is taking action to ensure that no one is taking advantage when applying to the University of Missouri.

ProPublica discovered more than 40 such guardianship transfer cases filed between January 2018 and June 2019 in the Chicago suburbs of Lake County. The investigation found parents involved in this case include lawyers, a doctor, school officials, insurance agents, and real estate agents. Students involved in this case are high-achieving scholars, athletes and musicians who attend or have been accepted to a range of universities, including the University of Missouri.

"MU is able to flag the paper work that comes in after students fill out their FAFSA form. We then do a bit of investigation and find out when the guardianship was put in place how long has it been there, and what the financial resources of the students parents were before they gave up guardianship," Basi said.

According to Basi, people who participate in this scandal are taking money away from students who actually qualify.

"They're pulling on institutional and federal resources that are coming from state tax payer dollars, tuition dollars, that they would otherwise not be eligible for," Basi said.

Morgan Myers, a senior at the university, said those who participate in this scandal are simply greedy.

"I know students like me who actually need financial aid are angry to hear that people are doing something like this," Myers said. "It's not fair how students are taking advantage of a system that's just trying to help people get through college."

Basi said that the university has the right to adjust financial aid awards for students who are involved in case like this and they will alert FAFSA.

More News

Grid
List
COOPER COUNTY - A man from Gravois Mills was killed Tuesday afternoon in a crash on Route B, north of... More >>
2 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 10:37:00 PM CDT July 07, 2020 in News
COLUMBIA - At the entrance to the playground at Cosmo Park in Columbia, you'll find a brightly colored message waiting... More >>
3 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 9:28:00 PM CDT July 07, 2020 in News
COLUMBIA – Columbia Public School District gave parents and students the option of attending in-person classes, or attending online classes... More >>
3 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 9:27:00 PM CDT July 07, 2020 in News
CORINTH, Miss. (AP) — A Missouri man suspected in a Tennessee kidnapping was found during a traffic stop in Mississippi.... More >>
3 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 9:01:42 PM CDT July 07, 2020 in News
COLUMBIA - It's official —masks will be required in Columbia starting Friday. KOMU spoke to several different Columbia businesses... More >>
6 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 6:42:00 PM CDT July 07, 2020 in News
COLUMBIA – Monday marked the deadline for parents to fill out a Columbia Public Schools survey asking whether families prefer... More >>
7 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 5:21:00 PM CDT July 07, 2020 in Continuous News
MISSOURI — As COVID-19 continues to spread throughout Missouri, state and local officials confirm new case counts daily. ... More >>
7 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 5:00:00 PM CDT July 07, 2020 in News
KANSAS CITY —A Jefferson City businessman pleaded guilty to tax evasion in federal court Tuesday. According to a Missouri... More >>
8 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 4:28:00 PM CDT July 07, 2020 in News
JEFFERSON CITY — Missouri's National Guard held a free COVID-19 testing event in Cole County on Tuesday. Tuesday was... More >>
10 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 2:44:00 PM CDT July 07, 2020 in News
COLUMBIA — Missouri — and Boone County — have loosened restrictions on businesses about COVID-19 in recent weeks. But some... More >>
10 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 2:07:00 PM CDT July 07, 2020 in News
COLUMBIA - City officials announced Tuesday they will suspend curbside recycling pickup indefinitely, effective July 8. A press release... More >>
10 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 2:04:48 PM CDT July 07, 2020 in News
COLUMBIA — After the Columbia City Council voted to approve a mandatory face mask order Monday night, the City of... More >>
10 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 1:49:00 PM CDT July 07, 2020 in News
COLUMBIA — After COVID-19 caused Rainbow House to cancel its biggest fundraiser of the year, a mid-Missouri couple took it... More >>
13 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 11:31:37 AM CDT July 07, 2020 in News
Editor's note: Vivek H. Murthy served as the 19th Surgeon General of the United States and is the author of... More >>
13 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 11:23:26 AM CDT July 07, 2020 in A Brighter Tomorrow
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. You can... More >>
13 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 11:19:00 AM CDT July 07, 2020 in News
COLUMBIA—The topic of police reform dominated the public comment portion of Monday’s Columbia City Council meeting. ... More >>
14 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 10:00:44 AM CDT July 07, 2020 in News
COLUMBIA - Columbia City Council voted 6-1 in favor of the mandatory mask ordinance Monday night. The order will go... More >>
23 hours ago Tuesday, July 07 2020 Jul 7, 2020 Tuesday, July 07, 2020 12:46:00 AM CDT July 07, 2020 in News
COLUMBIA -The community came together Monday night to remember victims of a double homicide . People came together in... More >>
1 day ago Monday, July 06 2020 Jul 6, 2020 Monday, July 06, 2020 10:23:00 PM CDT July 06, 2020 in News
Columbia, MO
Broken Clouds 76°
1am 78°
2am 78°
3am 76°
4am 75°