Promise programs are discussed as a policy movement that began with the 2005 launch of the Kalamazoo Promise. Since then, programs bearing the Promise label or sharing similar features have spread across the higher educational landscape, appearing in most states and across postsecondary sectors. Simultaneously, scholarly literature discussing…

In summer 2025, the National Association of Student Financial Aid Administrators (NASFAA) Research Department surveyed leadership from state and regional financial aid associations to better understand financial practices, revenue generation, governance, and strategic planning. All six regional associations (100%) and 41 of 50 state associations…

Experts from the RAND Corporation prepared this independent report on New Jersey's Tuition Aid Grant (TAG) program for low-income college students. TAG is the nation's most generous state-funded financial aid program on a per-resident-undergraduate basis. Currently, TAG distributes around $475 million in grants per year, and an award covers about…

After decades of frustration with increasingly complex college financial aid policies, a nationwide shift toward "free college" programs has gained momentum. New York State joined the free college movement in 2017, when Governor Andrew Cuomo announced his goal to make public higher education tuition-free for most students during his…

Communities with more college degrees have higher incomes, less reliance on social services, and greater economic growth. To ensure that Michigan's workforce has the skills needed for the modern economy, the state's leaders must build a financial aid system that helps families cover college costs. However, disjointed program designs, maintenance…

In response to the significant and still growing number of college students experiencing homelessness and housing insecurity in California, the State Legislature appropriated $9 million in the 2019-2020 State Budget for ongoing funding to provide housing services to students. Per section 9795 of the statute, colleges, in partnership with local…

The Indiana Choice Scholarship Program (ICSP), which began in fall 2011, is a state taxpayer-funded financial aid program that helps low and lower-middle income Hoosiers to send their children to the private K-12 school of their choice. This voucher program has been extremely popular among families, as the number of students receiving scholarships…

This brief communicates findings from Phase 1 of "State Responses to COVID-19 -- Implications for Outcomes-Based Funding and Promise Programs," a 50-state policy scan to determine how Promise Program policies are shifting in response to COVID-19 related budget fluctuations. Conducted between August and December of 2020, this 50-state…

Since 1990, Indiana's 21st Century Scholars program has been leading the way as a model for early college promise programs across the country. It is Indiana's promise to students that no matter life's circumstances or obstacles, college is an option for them. In this report, students are broken out into three groups by income level: scholars,…

The state of Michigan has set a goal to increase the percentage of residents with a postsecondary degree or credential to 60 percent by 2030. Achieving that goal will require a concerted, strategic, and multipronged effort. Today, less than 50 percent of residents have attained a postsecondary degree or credential. While making college more…

College tuition at public institutions across the country rose by 36.2 percent on average over the decade 2008-09 to 2018-19. The average total cost of college, accounting for all expenses such as room and board, across all institutions public and private grew by 22.4 percent. Students and their families are borrowing an enormous amount of money…

The College Costs and Financial Aid Report provides an analysis of the total cost of college at all Indiana public institutions and analyzes the average debt load for college graduates and the impact state and federal financial aid has on reducing the cost for Hoosier students and families.

State need-based financial aid programs are a key driver of college access and completion for lower-income students and racially marginalized students in California, most of whom attend public two- and four-year colleges and universities and come from families with annual incomes of less than $40,000. As the state's largest need-based financial…

This analytical report responds to the current policy interest in some states in offering "tuition-free college" to income-eligible students attending certain public colleges and universities. In most cases only public two-year colleges are covered, although New York State's Excelsior Scholarship program also covers public four-year…

Many students have concerns about the affordability of college, which may interfere with their potential success. However, foster care alumni have unique needs when making the transition into postsecondary enrollment. Compared to completion rates for the general population, postsecondary education outcomes for youth with foster care experience lag…