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Data-Informed College Decisions: Students Deserve Clear, Consistent, and Complete Financial Aid Offers

IHEP Institute for Higher Education Policy

The authors identified several areas of concern, including misleading presentation of Parent PLUS loans and work-study grants, failing to list costs on the letter, failing to calculate the net price, and a lack of clear next steps for students and families. Department of Education’s Federal Student Aid office. 2] [link]. [3]

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Unequal Distribution

NACAC's Admitted

However, the rising costs of college are increasingly out of reach for many students. Financial aid discussions have centered on simplifying FAFSA and increasing federal Pell Grants – all important – but federal student aid policies are only one funding source for families trying to determine how to pay for college.

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Your student loan payments are due: 3 strategies to support community college students’ financial wellness

EAB

It could also affect recruitment as prospective students are more likely to question whether college is worth the cost in the first place. --> 0 % of high school students reported college isn’t “worth the cost” in 2023, up from 8% in 2019. Financial hardship is the #1 reason students stop out.

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Report: How Universities Are Preparing for The End of The Pandemic Loan Pause

Diverse: Issues in Higher Education

About 43 million people are expected to resume or start repayments of their student loans. The National Association of Student Financial Aid Administrators (NASFAA) has issued its final report and a toolkit for financial aid professionals across the nation in anticipation of the resumption of federal student loan repayments.