For many high school students, the cost of attending college poses a major barrier to continuing their education. Federal student aid provided through Pell grants, work study, and loans can offer students with low incomes an avenue toward receiving a postsecondary education. But for students to be eligible for federal student aid, they need to…

Latinos are one of the fastest growing racial/ethnic groups in postsecondary education. This factsheet provides a summary of how Latinos pay for college to better inform financial aid policy to ensure Latino college access, retention, and success. This summary includes Latino students' participation in federal student aid overall, Pell Grants,…

MDRC is pleased to provide testimony on college access and completion to the Advisory Committee on Student Financial Assistance. Access to college has increased substantially over the last 50 years, but student success--defined as the combination of academic success and degree or certificate completion--has not kept pace. Student success,…

Raising incomes and increasing opportunity hinges critically on access to post-secondary education and training. If Pennsylvania does not expand access to higher education to more of its citizens, the authors argue, the Commonwealth's economy will suffer and living standards will lag growth elsewhere. With a modest and smart investment,…

House Democrats yesterday introduced major legislation to reauthorize the landmark Higher Education Act. Although reauthorization is long overdue, the new legislation, called the College Affordability Act, proposes mainly marginal improvements to a broken higher education financing system. Moreover, it doesn't do enough to help people who don't go…

The Federal Work-Study program was introduced as part of the Economic Opportunity Act of 1964, with the goal of enabling low-income students to work their way through college. It is thus one of the earliest forms of federal financial aid for college, pre-dating both Pell Grants and Stafford Loans. Since its inception, FWS has provided institutions…

This white paper considers the affordability of four-year public institutions for an average Pell Grant recipient who receives the average amount of grant aid, takes out the average amount of federal loans, and collects reasonable work wages to contribute to an education. An astounding 75 percent of residential four-year institutions--including 90…

This strategic action plan highlights policy and funding recommendations to make significant progress toward Washington's educational attainment goals. To meet those goals, adults ages 25-44 in Washington will hold a high school diploma, and at least 70 percent will have a postsecondary credential. Significant progress will require systemic…

Access to college has increased substantially over the last 50 years, but student success--defined as the combination of academic success and degree or certificate completion--has not kept pace. Student success, moreover, generally correlates with students' financial resources: Students from high-income families attend and complete college at…

A quality education is the primary instrument of social and economic mobility in the United States. As open-access institutions, community colleges are the gateway to postsecondary education for millions of Americans. Many of these students would be unable to afford college without federal resources, such as student financial aid and tax credits.…

The new economic-stimulus law includes more than $29-billion in provisions directed at making college more affordable in the next two years. That includes $13.9-billion budgeted over 10 years for education-tax-credit changes in 2009 and 2010, $15-billion in additional Pell Grant support, and $200-million for the Federal Work-Study program. But…

This paper presents the Federal Student Aid Annual Report for 2010. Federal Student Aid experienced an extraordinary year in 2010. The passage and enactment of the Health Care and Education Reconciliation Act of 2010 ushered in sweeping reforms to the federal student financial assistance programs, resulting in tens of billions of dollars in…

Parental expectations have long been studied as a factor in increasing adolescent educational aspirations, often linking these expectations to parental level of education and involvement in academic endeavours. This study further explores this relationship in a statewide Midwestern sample of parents and their adolescent children. Regression…

Information for postsecondary institution financial aid administrators on the major federal student financial aid programs authorized under Title IV of the Higher Education Act (HEA) of 1965 and its amendments is provided. Nine chapters cover the following: (1) introduction (office of student financial assistance organization, debt collection and…

Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance--grants, loans and work-study programs--for education beyond high school. The programs administered comprise the nation's largest source of student aid. Every year, the U.S. Department of Education provides more than $83 billion in…