While considerable effort has been invested to increase FAFSA completion among high school seniors, there has been much less investment to ensure that college freshmen re-apply for financial aid. Text messaging is a promising approach to inform students of important stages in the financial aid re-application process and to connect them to…

The "2018-19 Counselors and Mentors Handbook on Federal Student Aid" provides useful information to help high school counselors, TRIO and Gaining Early Awareness and Readiness for Undergraduate Programs (GEAR UP) staff, and other mentors advise students about financial aid for postsecondary education. This book focuses on the federal…

Many studies conducted on the Higher Education Students Loans Board (HESLB) have mostly concentrated on its success, sustainability and effectiveness on loans issuance and repayment. None had focused on its performance towards human capital investment. This study sought to explain and analyze HESLB's performance in human capital investment, which…

The Free Application for Federal Student Aid (FAFSA) is a financial aid application to help students and their families with the costs of college. This report summarizes FAFSA outcomes for AISD seniors in 2013.

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…

This strategic action plan highlights policy and funding recommendations to make significant progress toward Washington's educational attainment goals. To meet those goals, adults ages 25-44 in Washington will hold a high school diploma, and at least 70 percent will have a postsecondary credential. Significant progress will require systemic…

The District of Columbia (DC) Opportunity Scholarship Program (OSP) was created by Congress in 2004 to provide tuition vouchers to low-income DC parents who want their child to attend a private school. Reauthorized in 2011 by the Scholarships for Opportunity and Results (SOAR) Act, the program places a priority on serving students leaving…

One of the key barriers in accessing postsecondary opportunities for many students is financial aid. This chapter begins by providing a review of prior evidence on the relationship between financial aid and postsecondary outcomes. One type of financial aid intervention that challenges traditional aid and scholarship options are "promise…

The limited availability of college counseling for many students, especially those from low-income families, means that advising and ready assistance with each stage of the college search and application process is lacking. The research summarized in this brief indicates that the deficiencies in the quality and quantity of college counseling…

This report (the first in a series of five) explores congressional efforts to mitigate that risk and encourage informed borrowing by enacting statutes related to student loan counseling. After introducing the relevant contemporary policy context, it examines how federal rules governing student loan counseling evolved over time to embrace online…

This brief utilizes the most recent and rigorous financial aid research to inform state higher education leaders about innovative and effective financial aid practices. By simplifying aid eligibility requirements, improving the aid application process, and engaging in early awareness efforts, states could improve the effectiveness of existing aid…

The Free Application for Federal Student Aid (FAFSA)--which students must complete to qualify for most federal, state, and institutional financial aid--is a gateway to college through which many students must pass, particularly those from low- to moderate-income households (King, 2004; Kofoed, 2013). Yet given the complexity of the…

This article explores the determinants of persistence in the Chilean higher education system, considering academic and socio-demographic factors as well as the role of financial aid. The financial aid policy for students in Chile has undergone major changes over the last decade, which has allowed individuals from usually underrepresented income…

The 2014 study, Freshman Year Financial Aid Nudges: An Experiment to Increase FAFSA Renewal and College Persistence, measured the impact of sending text message reminders regarding annual Free Application for Federal Student Aid (FAFSA) renewal to first-year college students who were already receiving financial aid. The study sample included 808…

In the United States there are significant gaps in college-going between high-income and low-income students and between White students and African American and Latino/a students. A number of factors contribute to this persistent gap. Among these factors are the rising cost of college attendance and the complexity of the financial aid process. The…