In order to participate in Title IV programs, institutions must submit annual audits, performed by an independent auditor, to Federal Student Aid (FSA). Proprietary institutions' auditors are required to perform the compliance audit and financial statement audit in accordance with the Government Auditing Standards, Generally Accepted Auditing…

Outstanding Higher Education Act (HEA) Title IV federal student loan debt exceeds $1.6 trillion and is owed by about 45 million borrowers. In August 2022, the Biden Administration announced it would invoke the Higher Education Relief Opportunities for Students Act of 2003 (HEROES Act) to cancel, on a one-time basis, up to $20,000 in qualifying…

This First Look publication provides the first results of the 2019-20 National Postsecondary Student Aid Study (NPSAS:20), the most comprehensive national study of student financing of postsecondary education in the United States. This report includes information for about 80,800 undergraduate students and 19,700 graduate students attending 2,200…

This First Look report presents selected findings about student financial aid during the 2019-20 academic year. These findings are based on data from the 2019-20 National Postsecondary Student Aid Study (NPSAS:20). NPSAS:20 is a national study of undergraduate and graduate students enrolled any time between July 1, 2019, and June 30, 2020, in…

This First Look report presents selected findings about student financial aid during the 2019-20 academic year. This document contains supplemental tables which feature state-level percentages of students receiving aid and average amounts received by undergraduate students. These findings are based on data from the 2019-20 National Postsecondary…

This article is the second of a three-part series based on the book "Basic Guide to Financial Aid." 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 education today. It should be noted that this information is…

Since taking office, the Biden administration has sought to advance a complex and ambitious higher education regulatory agenda. The U.S. Department of Education held two separate rounds of negotiated rulemaking in 2021-22 to rewrite rules governing student loan relief programs and institutional accountability. This fall, the agency announced plans…

The administration of college financial aid is a key venue through which colleges can affect the likelihood that students will make it to graduation. We investigate the effects of an understudied yet consequential federal student aid policy: Return of Title IV Funds (R2T4). Under R2T4, students "earn" Federal Student Aid over a term or…

During the 118th Congress, the House Committee on Education and the Workforce marked up and ordered reported the College Cost Reduction Act (CCRA; H.R. 6951). Most of the bill's provisions would amend the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended), though it is not a comprehensive reauthorization of the HEA. Nevertheless, the bill…

The Biden Administration has taken numerous actions to address student loan debt. These actions have ranged in scope (both in terms of the borrower populations affected and associated modification costs), their rationales, and the avenues through which they were taken (e.g., formal rulemaking procedures, issuance of guidance). One effect of these…

The Federal Pell Grant program, authorized by Title IV-A-1 of the Higher Education Act of 1965, (HEA; P.L. 89-329), as amended, is the single largest source of federal grant aid supporting undergraduate students. The program provided approximately $26 billion in aid to approximately 6.1 million undergraduate students in FY2021. Pell Grants are…

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…

Food insecurity is a growing concern among college students. This narrative inquiry provides a greater understanding of food insecurity's impact on the college-going experience for urban students. Interviews were conducted with five college students who attend a large public urban university in the mid-Atlantic and use the on-campus food pantry.…

In early 2020, in response to the emerging COVID-19 pandemic, the Trump Administration declared a public health emergency under the Public Health Service Act, a national emergency under the National Emergencies Act, and a nationwide emergency under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. Congress and the U.S.…

The Pell Grant is targeted to students with the greatest financial need, and many policymakers find the Pell Grant a useful policy lever for promoting access and success for students from lower- and moderate-income backgrounds. There are several examples where policymakers use Pell eligibility to allocate resources and hold colleges accountable…