The Tennessee Education Lottery Scholarship (TELS) program was designed to meet the unique needs of the State of Tennessee, while also incorporating the hallmark elements of existing merit-based aid programs in other states. This manuscript provides a snapshot of TELS recipients and their outcomes, including narrative discussion on the current…

The report examines how enrolled undergraduate students and parents of undergraduates view higher education and how they pay for it. The report considers education funding sources--from parent and student income and savings to scholarships, grants, and borrowed funds--and evaluates trends in payment strategies over time. This 17th edition provides…

This report presents trend data on nonfederal grant and scholarship aid awarded to undergraduate students in selected years between 2003-04 and 2015-16. Nonfederal grant and scholarship aid is typically awarded by states, institutions, employers, and private sources. Unlike loans, grant and scholarship aid does not need to be repaid. Grants and…

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

For 16 years, Sallie Mae has surveyed college students and parents of undergraduate students about their attitudes toward higher education and how they're paying for it. This year's report explores education funding sources--from family income and savings to scholarships, grants, and borrowed funds--and evaluates trends in payment strategies over…

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

This Policy Snapshot explores need-based financial aid programs across the country and highlights state program examples, grant and scholarship expenditure amounts, and recent legislative activity.

For 15 years, Sallie Mae has surveyed college students and parents of undergraduate students about their attitudes toward higher education and how they're paying for it. "How America Pays for College" explores education funding sources--from family income and savings to scholarships, grants, and borrowed funds--and evaluates trends in…

This study explores high school families' understanding of college financing. The research examines what college-bound students and parents know about financial aid, the Free Application for Federal Student Aid (FAFSA®), scholarships, and student loans. The report evaluates perceptions, exposes common misconceptions, and gauges how prepared high…

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…

The Alaska Performance Scholarship (APS) rewards students who strive to excel in high school and continue their education in degree and certificate programs in Alaska. This report covers the high school, postsecondary, Alaska residency, and workforce outcomes of the APS program between Fall 2011-2023. [This report was prepared by Resource Data,…

For the past 14 years, Sallie Mae's "How America Pays for College" report has surveyed college students and parents of undergraduate students about their attitudes toward higher education and how they are paying for it. The research examines families' attitudes toward the value of a college education, as well as their key considerations…

What are the experiences, expectations, and challenges of college-bound high school students and their families regarding college financing? To answer that question, Ruffalo Noel Levitz (RNL), Ardeo Education, and PLEXUSS surveyed 1,250 high school students from the 11th and 12th grades about how they become interested in colleges and…

For the past 13 years, Sallie Mae's "How America Pays for College" study has surveyed American college students and parents of undergraduate students about their attitudes toward college and how they paid for it. The research examines families' attitudes toward the value of a college education, their key considerations about what school…

This First Look publication provides the first results of the 2019-20 National Postsecondary Student Aid Study (NPSAS:20), the most comprehensive national study of student financing of postsecondary education in the United States. This report includes information for about 80,800 undergraduate students and 19,700 graduate students attending 2,200…