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ERIC Number: ED671326
Record Type: Non-Journal
Publication Date: 2024
Pages: 40
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: 0000-00-00
State Financial Aid for Non-Degree Credentials: Models and Considerations for Policy and Program Design
Jennifer Stiddard; Lindsey Reichlin Cruse
National Skills Coalition
Increasingly, people are looking for education and training options that are more affordable, flexible, can quickly open doors to good jobs, and--ideally--pave the way for further educational attainment. Businesses also want to hire workers with the skills needed for jobs in growing industries. Non-degree credentials (NDCs) can often meet these needs, as an alternative pathway or supplement to traditional degrees, as well as provide access to quality job opportunities and economic mobility. Yet while NDCs are comparatively more affordable than degree programs, people often face financial barriers to covering costs associated with them. To respond to these demands, states are expanding the scope of traditional postsecondary investments by building financial aid programs that support workforce oriented, short-term non-degree programs and credentials that help meet pressing workforce demands, achieve credential attainment goals, and promote multiple pathways to economic mobility for their residents. This report shares features of existing state financial aid programs that support equitable access and strong outcomes connected to NDCs--particularly for students who are not eligible for federal student aid--while also supporting the needs of industry and business. It seeks to provide insight for policymakers, advocates, and other stakeholders into the types of design and policy choices associated with establishing financial aid for students pursuing non-degree programs and credentials through a review of six NDC financial aid programs in five states--Indiana, Iowa, Louisiana, Virginia, and Washington State. The report concludes with key considerations for designing inclusive, equitable, and outcomes-oriented financial aid for NDC students.
National Skills Coalition. 1250 Connecticut Avenue NW Suite 200, Washington, DC 20036. Tel: 202-223-8991; e-mail: info@nationalskillscoalition.org; Web site: https://www.nationalskillscoalition.org/
Publication Type: Reports - Descriptive
Education Level: Postsecondary Education
Audience: N/A
Language: English
Sponsor: Lumina Foundation; ECMC Foundation
Authoring Institution: National Skills Coalition
Identifiers - Location: Indiana; Iowa; Louisiana; Virginia; Washington
Grant or Contract Numbers: N/A
Author Affiliations: N/A