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State suspends TOPS payments to colleges, universities

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BATON ROUGE – The State Office of Student Financial Assistance has alerted Louisiana colleges Thursday that they’re suspending TOPS scholarship payments immediately due to looming potential budget cuts.

TOPS eligible institutions received an email Thursday, alerting schools that payments would be suspended.

The office said the notice was a precautionary measure until more is learned about the implications of budget cuts.

TOPS is the state’s popular scholarship program that covers tuition for Louisiana students who meet certain academic standards. It’s provided hundreds of thousands of dollars to students in Louisiana for the past two decades.

We will have more details on this story as it develops.