Dear students,
This morning a sub-committee meeting was held regarding the funding forthe Student Mobility Grant. Currently the Australian and world economy is in recession and the University of Newcastle is not immune to the pressures and constraints that are placed upon finances. In addition, the interest in overseas exchange and short programs has increased by at least 300%. Fortunately the total financial support has remained robust, however due to limited funding, the money allocated to each student has beenreduced comparative to previous semesters.
Currently eligible students that claim a Travel Grant will be given the following:
INDICATIVE FUNDING 2009
One Semester Exchange
USA/Canada - Up to $1000
Asia/ Latin America - Up to $2400
UK - Up to $1000
Europe - Up to $1000
I'm just going to throw the C-word out there and say that they are all CRAP. Sooooo angry. It used to be $3000. I thought it was bad that it went down to $1500, and now it's UP TO $1000????????????? (<--there's not enough question marks in the world to show my disbelief)
How is it that Asia/Latin America are up to $2400???? Those are the cheapest places to go in the world. Latin America is more expensive to get to, but once there your peso gets you very far. Stupid Newcastle. Don't blame the bloody economy. Maybe the Vice-Chancellor could share some of his $500k pa pay check, yeah?
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