Governments must strike a balance between promoting access to financial aid while at the same time remaining good stewards of taxpayer funds by preventing fraudulent access. This paper focuses on one of the largest-scale and most consequential policies determining whether students maintain access to Title IV aid, the "Return of Title IV"…

This report is the testimony and views of Preston Cooper, a senior fellow focusing on the economics of higher education at the American Enterprise Institute (AEI), to the US House Committee on the Judiciary, Subcommittee on the Administrative State, Regulatory Reform, and Antitrust about the pricing and spending practices of Ivy League…

Community college baccalaureates (CCBs) provide an affordable pathway to baccalaureate-level education but increasing tuition rates present a potential financial barrier for students. Institutional aid as a cost-constraining mechanism has historically been less utilized in the 2-year sector when compared to traditional 4-year institutions. Yet,…

This article is the first of a three-part series based on the book, Basic Guide to Financial Aid. The contents within are abridged from the publication, with additional emphasis on the impact federal student aid administration has on non-financial aid professionals in higher education today. It should be noted that this information is not…

The Department of Education's (Education's) Office of Federal Student Aid (FSA) initiated the Next Gen program in 2017. Next Gen's purpose was to modernize the systems and processes that students, parents, borrowers, and school partners use to apply for, administer, and/or process federal student aid. This report examines: (1) the status of FSA's…

America's colleges and universities are at a crossroads. The number of schools closing their doors continues to grow driven by the declining number of students pursuing a bachelor's. This situation is expected to worsen because of a number of factors: (1) Starting in 2025 the U.S. will face the so-called "enrollment cliff," in which the…

A college education affords a variety of personal, financial, health, and social benefits to one's life, such as higher earnings, increased job security, easier access to health insurance and other benefits, opportunities to pursue new passions, building of new social and professional networks, and higher life satisfaction (Kumok & Hahn, 2023;…

The reinstatement of Pell grant eligibility for incarcerated individuals marks a pivotal moment in the landscape of higher education in prison (HEP) programming in the United States. However, despite this promising development, financial barriers persist, hindering the growth and sustainability of HEP initiatives. This qualitative study delves…

Public universities are intent on increasing degree completion for many reasons. A stronger policy focus on completion and interest in removing students' financial hurdles has led to a rapid proliferation of completion grant programs. This paper reports on a mixed-method implementation study of completion grant programs at seven broad- and…

This statutory report presents the activities and accomplishments of the U.S. Department of Education's Office of Inspector General (OIG) from April 1, 2024, through September 30, 2024. The audits, investigations, and related work highlighted in the report are products of OIG's mission to identify and stop fraud, waste, and abuse; and promote…

This article is the third of a three-part series based on the book, "Basic Guide to Financial Aid," which recently won NASFAA's Robert P. Huff Golden Quill Award. The contents within are adapted from the publication, with additional emphasis on the impact federal student aid administration has on non-financial aid professionals in higher…

This Semiannual Report presents the activities and accomplishments of the U.S. Department of Education's Office of Inspector General (OIG) from October 1, 2022, through March 31, 2023. The report highlights audits, investigations, and related work issued during this time frame. Sections include: (1) Pandemic Relief Oversight; (2) Disaster Recovery…

Purpose: Public universities are intent on increasing degree completion for many reasons. A stronger policy focus on completion and interest in removing students' financial hurdles has led to a rapid proliferation of completion grant programs. This paper reports on a mixed method implementation study of completion grant programs at seven broad-…

Financial aid promotes and supports students' access to and success in higher education. This is especially true at community colleges. Whether students are seeking job training, a certificate or an associate degree, many rely on consistent and meaningful sources of financial support to advance their educational aspirations. Without these…

In this article, the researchers interrogate the media discourse on the national students financial aid scheme (NSFAS) crisis, as well as how the language used by politicians and students, shaped the decision-making of stakeholders. A qualitative approach was employed to analyse online media articles. Content analysis was used to organise the…