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Temple U. $22 million over budget because too many applicants qualified for automatic merit aid

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Something doesn't seem right about the numbers in this story, but here it is according to the Phila. Inquirer. http://www.philly.com/philly/education/20160629_Dai_out_as_provost_at_Temple.html The Provost of Temple University was removed. One of the apparent reasons for his removal was because too many applicants accepted Temple's offer of automatic merit aid. "The announcement came on the same day that the university acknowledged that it had exceeded its financial aid budget for its merit scholarship program for 2016-17 by $22 million and had already taken steps to balance the budget."

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