The article is an analysis which focuses on the years after the Great Recession, to show the interplay between federal and state policies. The first year after American Recovery and Reinvestment Act (ARRA) federal stimulus funds ended, Fiscal Year (FY) 2012, coincided with new federal Pell Grant eligibility restrictions. State appropriations for…

Verification is a federally mandated process that requires selected students to further attest that the information reported on their Free Application for Federal Student Aid (FAFSA) is accurate and complete. In this brief, we estimate institutional costs of administrating the FAFSA verification mandate and consider variation in costs by…

The purpose of the U.S. Department of Education's (Department's) fiscal year (FY) 2022 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to advance the mission of the Department to promote student…

The purpose of the U.S. Department of Education's (Department's) fiscal year (FY) 2023 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to advance the mission of the Department to promote student…

This First Look report introduces new data for national and state-level public elementary and secondary revenues and expenditures for fiscal year (FY) 2022. Specifically, this report includes the following school finance data: (1) revenue and expenditure totals; (2) revenues by source; (3) expenditures by function, subfunction, and object; (4)…

Policymakers, child care providers, and parents face tradeoffs in determining how much to spend on child care, including how many hours to purchase, and the features of programs that might influence quality. Given these tradeoffs, it is useful to understand what constitutes quality, the cost of care features associated with quality, the effects of…

The purpose of the U.S. Department of Education's (Department's) fiscal year (FY) 2021 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to advance the mission of the Department to promote student…

This publication provides governmental and higher education decision-makers a statewide perspective of Arkansas public higher education finance for the 2021-23 biennium, as well as trends for the past several years. It also contains a detailed financial profile of each institution and presents a basis for comparative assessments of revenue sources…

This past year has been unlike any in recent history. In March, the global COVID-19 pandemic forced Illinois to shift suddenly to remote learning for all students. This adjustment exposed the digital divide as a stark reality. One bright spot in the year occurred in May, when the Illinois' plan for career and technical education (CTE) received…