Youth formerly in foster care (YFFC) are more likely to report facing financial struggles while in college and may lack resources, marketable skills, and have limited networks/ support to rely on. These students may not have access to the same kind of family support as their peers. To address these challenges, this population relies more heavily…

Despite the robust literature on the effects of financial aid, the effects of financial aid loss remain largely understudied. We employ a regression discontinuity design, leveraging a minimum GPA scholarship renewal threshold, to examine the effect of losing state merit aid eligibility on college student stop-out, transfer, and bachelor's degree…

Despite the robust literature on the effects of financial aid, the effects of financial aid loss remain largely understudied. We employ a regression discontinuity design, leveraging a minimum GPA scholarship renewal threshold, to examine the effect of losing state merit aid eligibility on college student stop-out, transfer, and bachelor's degree…

Background/Context: During downturns in state higher education support, state student aid becomes especially important for affordability because colleges react by increasing tuition, and other aid sources may not fully respond. From a policy perspective, states might be expected to protect aid support in response to fiscal stringency, yet this key…

Many college students, especially students from low-income backgrounds, face significant structural barriers that make it challenging to persist and complete a degree or certificate. These barriers include substantial financial challenges. Student financial aid at the federal and state levels has not kept up with rising college costs, resulting in…

In the twentieth century, Ohioans as individuals and Ohio as a state did much to improve the education level of Ohio's workforce. The state built a world-class network of community colleges and branch campuses, institutions created to make post-secondary education accessible and affordable. These efforts, along with investments in K-12 education…

In the twentieth century, Ohioans as individuals and Ohio as a state did much to improve the education level of Ohio's workforce. The state built a world-class network of community colleges and branch campuses, institutions created to make post-secondary education accessible and affordable. These efforts, along with investments in K-12 education…

In 2006, Michigan changed their traditional merit award to a credit contingent program based upon successful completion of 60 college credits. The Michigan Promise Scholarship was crafted by state policymakers without input from the financial aid community. This case study suggests that the change in policy resulted in two unintended consequences:…

Congress charged the Advisory Committee in the "Higher Education Opportunity Act of 2008" with monitoring and reporting on the condition of college access and persistence for low- and moderate-income students. The law requires provision of analyses and policy recommendations regarding the adequacy of grant aid from all sources--federal, state, and…

Changing state revenues have prompted heightened concern about the immediate short- and long-term future and stability of state investments in higher education. The 2007 Survey of the National Council of State Directors of Community Colleges (NCSDCC) is the third administration of questions to determine questions of access, funding and overall…

Minnesota has adopted a financial policy that takes into account the increasing pressure to finance postsecondary education. The policy increases the price of college through increased tuition, while at the same time targeting sufficient financial aid to ensure educational opportunity for financially needy students. In practical terms, this…

The expected 7.7 percent increase in state student financial aid has been revised down because of midyear state budget reductions, to possibly the lowest rate in 23 years. Few states will make big increases. About 52 percent of all need-based aid will go to private college students. Dollar amounts of aid in each state for 1991-92 are charted. (MSE)

After two decades of increase, state funding for higher education is drying up because of inflation and declining state revenues due to recession. States need to reemphasize the importance of higher education. Political action may be the way to reverse the downward trend in state financing of higher education. (MLW)

Two university administrators were interviewed to determine their views on impending budget reductions proposed by the Reagan administration. Effective use of information systems, it is suggested, can help provide solutions to the financial problems facing higher education. (MLW)

Factors contributing to the current student financial aid crisis in higher education are outlined, including rising tuition costs, federal tax law changes, and a policy shift from grants to loans. Federal and state responses to the crisis are examined, and their relative merits are discussed. (MSE)