Student loans can help fill cost gaps created by insufficient grants, scholarships, and family income in funding a postsecondary education. Whereas receipt of grant aid does not require repayment, student loans must be repaid with interest. Loans provide students with additional choices, such as living independently (instead of living with parents…

The National Association of Student Financial Aid Administrators (NASFAA) task force for Re-Examining Paradigms of Campus-Based Aid was established in June 2017 to examine the "one grant/one loan" concept with a specific focus on whether and how the existing campus-based programs fit into this model. Proposals to eliminate campus-based…

Career Technical Education (CTE) and career readiness have become a national priority, reshaping high school curricula across the country. Once primarily centered on college preparation, college and career readiness now emphasizes career pathways as a key component of learner success, with 43 states including at least one career-focused indicator…

College affordability is a significant factor in student access, retention and completion. Tuition and fee rates are a major component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources. Strategically designed approaches to college affordability can better assist families in…

College affordability is a significant factor in student access, retention, and completion. Tuition and fee rates are a major component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources. Strategically designed approaches to college affordability can better assist families in…

College affordability is a significant factor in student access, retention and completion. Tuition and fee rates are a major component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources. Strategically designed approaches to college affordability can better assist families in…

The primary purpose of the National Association of Student Financial Aid Administrators (NASFAA) Campus-Based Aid Allocation Task Force was to examine the formula by which congressional appropriations for the Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and Perkins Loan programs are distributed to schools,…

States and the federal government have long provided substantial financial support for higher education, but in recent years, their respective levels of contribution have shifted significantly. Given the essential role that government funding plays in higher education access and operations, policymakers across the nation frequently face difficult…

College affordability is a significant factor in student access, retention and completion. Tuition and fee rates are a major component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources. Strategically designed approaches to college affordability can better assist families in…

College affordability is a significant factor in student access, retention and completion. Tuition and fee rates are a major component of affordability. Another factor is the availability of financial aid programs from federal, state, institutional and private sources. Well-rounded and strategically designed approaches to college affordability can…

As college costs continue to rise, students and their families increasingly rely on federal loans to help pay for college expenses. In 2011-12, over half of all undergraduates (52 percent) had borrowed money from the federal government to fund their education, compared with just over one-quarter (27 percent) in 1989-90, some 2 decades. Although…

The federal government plays an indispensable role in helping community college students pay for their education. It is hard to imagine today's community college campuses without needs-based federal student aid, such as the Pell Grant program and subsidized loans. There are, however, significant differences between community college students and…

This 2017 student affordability report looks at the following numerical data for higher education in the state of North Dakota: (1) Tuition, Mandatory Fees, Room and Board; (2) Total Estimated Student Cost; (3) Federal Funding Sources; (4) Net Price; (5) Loan Volume and Indebtedness; and (6) Percent of Students with Aid. The 2016-17 tuition and…

In spite of the well-paying, in-demand jobs that many STEM degrees can lead to, just 18 percent of the 1.9 million bachelor's degrees awarded in the U.S. in 2015-16 (the most recent data available) were in STEM subject areas.3 Given that about 5 percent of workers with a non-STEM undergraduate degree work in a STEM field, a large proportion of a…

As college costs have soared and the U.S. economy struggles to move out of the recession, more and more Americans have relied on federal student financial assistance programs to help them meet their postsecondary expenses. Data from the Federal Student Aid (FSA), an office of the U.S. Department of Education (ED), show that the number of students…