As students pursue undergraduate degrees, many are challenged with paying for college. Costs include direct charges for tuition, fees, books, room and board, and meal plans, as well as indirect costs such as transportation, utilities, insurance, cell phone, internet, and more. Many students borrow loans to cover these costs, but their…

This study explores high school families' understanding of college financing. The research examines what college-bound students and parents know about financial aid, the Free Application for Federal Student Aid (FAFSA®), scholarships, and student loans. The report evaluates perceptions, exposes common misconceptions, and gauges how prepared high…

At no other time in American history has the need for post-secondary educational attainment been so pervasively necessary. Since 2007, three in every four jobs created has required a bachelor's degree or higher. Such a prerequisite to fiscal viability occurs parallel with rising costs of college attendance, a nebulous financial aid process,…

Most students finish high school with low levels of financial knowledge, yet they are months away from important decisions about how to finance college. Students may not know about family finances, even though parental income is a key determinant of financial aid for college. This study measures the financial knowledge of high school students by…

Previous research has demonstrated that most low-income students who do not apply for aid--despite a large percentage of these students being eligible to receive aid--believe that they are ineligible. According to the 2011-12 National Postsecondary Student Aid Survey (NPSAS) where students were given a choice of five reasons why they did not apply…