This qualitative pilot study introduces and reflects on early development and implementation of the Zero Fee Tuition (ZFT) program in the rural, oil and gas town of Drayton Valley, Alberta, Canada. This innovative, primarily municipally funded program, implemented in 2019, provides local students with up to $5,000 in free tuition for select…

The annual NACUBO Tuition Discounting Study (TDS) measures institutional tuition discount rates and other indicators of institutionally funded scholarships awarded to undergraduates attending private, nonprofit (independent) colleges and universities. The 2021 TDS includes data from 359 private nonprofit colleges and universities, and provides…

The annual NACUBO Tuition Discounting Study (TDS) measures institutional tuition discount rates and other indicators of institutionally funded scholarships awarded to undergraduates attending private, nonprofit (independent) colleges and universities. The 2022 TDS includes data from 341 private nonprofit colleges and universities, and provides…

Private nonprofit colleges are increasingly using tuition resets, or a decrease in sticker price by at least 5%, to attract new students and counter declining demand. While discounting tuition with institutional aid is a common practice to get accepted students to matriculate and to increase affordability, a tuition reset is a more transparent…

The report examines how enrolled undergraduate students and parents of undergraduates view higher education and how they pay for it. The report considers education funding sources--from parent and student income and savings to scholarships, grants, and borrowed funds--and evaluates trends in payment strategies over time. This 17th edition provides…

The paper studies the impact of financial aid on long-term educational attainment and labor market outcomes in Colombia. In 2014, the government launched a large-scale and generous student loan program called "Ser Pilo Paga." It offered full tuition coverage to students admitted to one of 33 government-certified high-quality universities…

This research builds a narrative of a nationwide study on tuition waiver and tuition assistance programs. The authors administered a survey to long-standing and newly implemented tuition waiver programs within universities that identified limitations and opportunities. The purpose of this study is to highlight the varied approaches to…

Many empirical studies have established that financial aid improves college attainment. Few have been able to test why. This study used administrative records of employment and earnings to get a more complete picture of students' finances during college and test one potential mechanism, that financial aid buys students time by allowing them to…

The College and Career Readiness and College Completion Act (CCR-CCA) of 2013 (Chapter 533, Senate Bill 740, 2013) passed the Maryland General Assembly in 2013 with the goal of improving college and career outcomes for Maryland students. One policy included in the legislation was a tuition cost reduction for select high school students who dually…

New Jersey's state grant program delivers the highest level of need-based aid per student in the country. And the state's major grant program, the Tuition Aid Grant (TAG), funds all eligible students, rather than excluding students when the funding runs out. But different levels of grant aid for enrollment in different institutions within sectors,…