The National Association of Student Financial Aid Administrators (NASFAA) task force for Re-Examining Paradigms of Campus-Based Aid was established in June 2017 to examine the "one grant/one loan" concept with a specific focus on whether and how the existing campus-based programs fit into this model. Proposals to eliminate campus-based…

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…

While the U.S. economy has certainly improved since the great recession, far too many Americans are still without a high-quality degree or credential despite the economy's increasing demand for postsecondary education to meet workforce needs. Low credential attainment has resulted in millions of Americans without high-quality jobs, and numerous…

The primary purpose of the National Association of Student Financial Aid Administrators (NASFAA) Campus-Based Aid Allocation Task Force was to examine the formula by which congressional appropriations for the Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and Perkins Loan programs are distributed to schools,…

Financial aid makes up the bulk of federal higher education spending, but do those dollars make a difference to needy students? A look at Federal Work-Study and Federal Supplemental Educational Opportunity Grant allocations show that a disproportionate amount of funding goes to private universities with high tuition and low Federal Pell Grant…

The federal government's role in supporting higher education touches nearly every aspect of the work performed by American colleges and universities. Federal authorities control an immense amount of public resources that are used to strategically exert influence across a complex and differentiated postsecondary system. This report is intended to…

As college costs have soared and the U.S. economy struggles to move out of the recession, more and more Americans have relied on federal student financial assistance programs to help them meet their postsecondary expenses. Data from the Federal Student Aid (FSA), an office of the U.S. Department of Education (ED), show that the number of students…

The Higher Education Act (HEA) of 1965 has opened the doors of higher education to millions of academically qualified students. Like most bills that pass Congress, the HEA had resulted from numerous compromises. Congress has had several opportunities to review and modify the legislation over the years, but a solid foundation had been laid in 1965…