Generally, need-based financial aid improves students' academic outcomes (Nguyen, Kramer & Evans, 2019). However, the largest source of need-based grant aid in the United States, the Federal Pell Grant Program (Pell), has a mixed evaluation record (Bettinger, 2004; Rubin, 2011; Marx & Turner, 2018; Park & Scott-Clayton, 2018;…

Generally, need-based financial aid improves students' academic outcomes. However, the largest source of need-based grant aid in the United States, the Federal Pell Grant Program (Pell), has a mixed evaluation record. We assess the minimum Pell Grant in a regression discontinuity framework, using Kentucky administrative data. We focus on whether…

The Ensuring the Best Schools for Veterans Act of 2022 was put in place to amend title 38, United States Code, to improve the process by which the Secretary of Veterans Affairs determines whether an educational institution meets requirements relating to the percentage of students who receive educational assistance furnished by the Secretary, and…

While the popularity of state-financed merit-based scholarships has increased since the 1980s, policymakers struggle to maintain these programs because of growing costs. Some have tried to manage this tradeoff through eligibility changes or award amounts; however, little empirical research exists on the effectiveness of these changes. We add to…

The U.S. Department of Agriculture (USDA) and the Department of Education have taken some steps to connect college students with Supplemental Nutrition Assistance Program (SNAP) benefits to help them pay for food, but gaps in planning and execution remain. Effective July 2024, a new law gave Education authority to share students' Free Application…

Every year, the U.S. Department of Education selects hundreds of thousands of low-income students to provide additional documentation to corroborate their financial aid eligibility in a process known as verification. Though many are concerned about the potential deleterious effects of being selected, to date, studies are limited to descriptive…

Every year, the U.S. Department of Education selects hundreds of thousands of low-income students to provide additional documentation to corroborate their financial aid eligibility in a process known as verification. Although many are concerned about the potential deleterious effects of being selected, to date, studies are limited to descriptive…

Today, approximately 43 million Americans hold a federal student loan. When these borrowers fall behind on payments, they become delinquent on their loans; once the loans reach 270 days past due, borrowers are in default. As of March 2021, roughly 1 in 5 borrowers was in default, according to data from the U.S. Department of Education. Failing to…

Tuition-free college policies have gained momentum since the implementation of the Tennessee Promise, which provides financial aid to students pursuing two-year post-secondary degrees in Tennessee. While previous research has addressed the effects of similar programs on student outcomes, scholars have yet to thoroughly investigate potential…

Education Savings Accounts (ESAs) are private savings accounts funded by a deposit from the state government and managed by a parent. The deposit amount varies from state to state and is typically based on the state's per-pupil amount. To use an ESA, parents withdraw their child from the public school system and use ESA funds to purchase specified…

Pell Grants are the cornerstone of federal financial aid for low-income students enrolled in postsecondary education. Currently, these grants are available only to those who seek an initial undergraduate degree or credential lasting at least a typical semester. Because these rules may restrict access to programs providing skills needed for new or…

Pell Grants are the cornerstone of federal financial aid for low-income students enrolled in postsecondary education. Currently, these grants are available only to those who seek an initial undergraduate degree or credential for a program lasting at least a typical semester. Because these rules may restrict access to programs providing skills…

Free Application for Federal Student Aid (FAFSA) verification and its role in summer melt is examined in this brief. "Summer melt" is when high school seniors who appear ready to go to college the fall following graduation do not enroll. The study revealed one-third of Houston Independent School District (HISD) college-intending students…

This paper studies the effectiveness of individual federal income tax credits and deductions that are made available to college students and their families who satisfy income and certain other eligibility requirements. Such credits and deductions are collectively called "tax-based aid." Tax-based aid is found here to have a limited…

These are the appendices for the report "The Effects of Expanding Pell Grant Eligibility for Short Occupational Training Programs: Results from the Experimental Sites Initiative." Four appendices are included in the document: (1) Implementation of the 2011 Pell Experiments; (2) Study Design and Analytic Approach; (3) Supporting Details…