The price of college, particularly relative to the amount of available financial aid, has been increasing and has been cited as a major barrier to college attendance and completion. And given the recent economic downturn, these issues have taken on even greater significance to students, their families, educators, employers, policymakers and…

The purpose of the United States Department of Education's (the Department) Fiscal Year (FY) 2014 "Agency Financial Report" (AFR) is to inform Congress, the President, and the American people on how the Department has used federal resources entrusted to it to promote achievement and preparedness of youth entering a global environment by…

With passage of the Higher Education Opportunity Act of 2008, the Higher Education Act (HEA) is now reauthorized. What effect will it have on U.S. higher education? Students receiving Pell grants will find that college is more affordable while those who feared that the government would exert control over learning outcomes have breathed a…

In 2006-07, the federal government awarded over $13 billion in Pell Grants to more than 5 million undergraduate students (U.S. Department of Education 2007). The goal of the Pell Grant program is to help students with financial need enroll in and graduate from college by providing them with a basic foundation of financial aid, to which they may…

The purpose of the United States Department of Education's (the Department) FY 2013 "Agency Financial Report" (AFR) is to assist Congress, the President, and the American people to assess the Department's stewardship over resources with which it is entrusted. This annual report is required by legislation and complies with the…

In its first hundred days, the Obama administration demonstrated a strong commitment to expanding access to higher education. The economic stimulus package, known as the American Recovery and Reinvestment Act (ARRA), increased funding for the Pell Grant program and over the next two years, the maximum award will grow to $5,550 in 2010-2011--the…

A growing body of empirical evidence shows that some financial aid programs increase college enrollment. Puzzlingly, there is little compelling evidence that Pell Grants and Stafford Loans, the primary federal student aid programs, are effective in achieving this goal. In this paper, we provide an in-depth review of this evidence, which taken as a…

The mission of the Nevada System of Higher Education (NSHE) is to provide higher education services to the citizens of the State at an excellent level of quality consistent with the state's resources. The information in this report is provided by the financial aid officers at each NSHE institution. Each fall, institutions submit a detailed…

The United States Department of Education's (the Department's) "Agency Financial Report" (AFR) for fiscal year (FY) 2012 provides an overview of the Department's financial performance and results and detailed information about the Department's stewardship over the financial resources entrusted to it. Additionally, as required by the…

The primary weaknesses of the tax proposals offered by the Clinton Administration related to higher education are that they are not very well targeted and could be abused for leisure-related course work. The plan does little to resolve the deeper structural problems in how individuals pay for college. (JOW)

Demand for Pell Grant financial aid has become difficult to predict when using the current microsimulation model. This paper proposes an alternative model that uses aggregate data (based on individuals' microlevel decisions and macrodata on family incomes, college costs, and opportunity wages) and avoids some limitations of simple linear models.…

The National Postsecondary Student Aid Study (NPSAS) is a comprehensive survey that examines how students and their families pay for postsecondary education. The study included nationally representative samples of students, including those who do and do not receive financial aid. This report has been prepared to provide some key estimates as…

This publication explains what federal student financial aid is and the types of student aid that are available. The introduction, "Student Aid at a Glance," presents information about what student aid is, who gets it, and how to get it. The second section discusses "Finding Out about Student Aid." The next section provides…

This publication explains what federal student financial aid is and what types of student aid are available. The introductory section, "Student Aid at a Glance," presents information about what student aid is, who gets it, and how to get it. The second section discusses "Finding out about Student Aid." The next section provides…

This Spanish-language publication explains what federal student financial aid is and what types of student aid are available. The introductory section, "Student Aid at a Glance," presents information about what student aid is, who gets it, and how to get it. The second section discusses "Finding out about Student Aid." The next…