University of Missouri, St. Louis IRL @ UMSL Current (2000s) Student Newspapers 9-5-2006 Current, September 05, 2006 University of Missouri-St. Louis Follow this and additional works at: http://irl.umsl.edu/current2000s Recommended Citation University of Missouri-St. Louis, "Current, September 05, 2006" (2006). Current (2000s). 296. http://irl.umsl.edu/current2000s/296 This Newspaper is brought to you for free and open access by the Student Newspapers at IRL @ UMSL. It has been accepted for inclusion in Current (2000s) by an authorized administrator of IRL @ UMSL. For more information, please contact
[email protected]. September 5, 206 \ \ II \ \ 1\ I II 1....... 1 i II'HI $27.5 million from MOHELAsale By BEN SWOFF'()RD way. UMSL is 'The original plan fell through in May exchange, MOHELA would receive going to realize because state legislators could not $t'1 billion in tax-exempt bonds from Staff Writer MOHElA by the numbers building improve decide how to distribute the funds. the Federal Department of Economic Missouri Governor Matt Blunt has ments because of The plan has changed little since its . Development of the State of Missouri. Of the $450 million MOHELA resurrected a stalled plan to sell $450 the sale," said original incarnation; instead it is the plan The MDFB will then distribute the sale ... million of debt held by the Missouri Anthony Georges, of implementation that is different. money. However, the Cooperation Higher Education Loan Authority. director of Student MOHELA benefits from the sale by Agreement is still in draft form and has • $313.9 million will be divided The original plan, called the Lewis Financial Aid at receiving funding from the Department .