FSCJ to will repay 5 million for student aid fees

[TheCat]

http://www.jaxdailyrecord.com/showstory.php?Story_id=538466

The Florida State College at Jacksonville board of trustees Tuesday addressed the repayment of more than $5 million in improperly dispensed student aid funds, reviewed its lab fee structure and approved the contract for an interim president in its first meeting of the year.
FSCJ Acting President and Provost Judith Bilsky informed the board Tuesday the college has 45 days to repay $5,030,725 to the U.S. Department of Education for improper use of the Pell Grant program. The college had budgeted $4.7 million to address the issue, but Steve Bowers, vice president of administrative services, assured the board that staff would be able to “find” the additional $300,000 within the fiscal 2013 budget.