Birmingham-Southern College Plans 20% Budget Cut, Citing Costly Student-Aid Errors - Chronicle of Higher Ed

Birmingham-Southern College has erroneously awarded millions of dollars in extra financial aid in recent years, contributing to economic woes that are now forcing the private institution to cut as much as $10-million from its $49-million budget, The Birmingham News reported. The problems, discovered in a recent audit, do not involve missing funds or illegal activity, the college's president, G. David Pollick, said.