Today 17 elite private colleges in the U.S. have offered no-loan policies, which replace student loans with grants, scholarships and/or work-study in the financial aid packages awarded to all undergraduate students eligible for financial aid. Generally, the goal of these policies is to increase the socioeconomic diversity of campuses and to reduce…

This First Look report presents selected findings about student financial aid during the 2015-16 academic year. These findings are based on data from the 2015-16 National Postsecondary Student Aid Study (NPSAS:16), a nationally representative sample survey of undergraduate and graduate students enrolled any time between July 1, 2015, and June 30,…

The new economic-stimulus law includes more than $29-billion in provisions directed at making college more affordable in the next two years. That includes $13.9-billion budgeted over 10 years for education-tax-credit changes in 2009 and 2010, $15-billion in additional Pell Grant support, and $200-million for the Federal Work-Study program. But…