This paper examines the effects of Pell Grant eligibility on student outcomes. Using a regression discontinuity (RD) design and a partial identification approach, the study provides bounds on the treatment effects that account for selection bias arising from the loss of grant eligibility. While initial eligibility is determined by financial need…

On August 24, 2022, President Biden announced that his administration would be cancelling $10,000 -- $20,000 of student debt for middle- and lower-income borrowers. Naturally, this announcement has unleashed a wave of follow-up questions among borrowers. This fact sheet is intended to help Californians with student loans navigate the process of…

The Federal Pell Grant program, authorized by Title IV-A-1 of the Higher Education Act of 1965, (HEA; P.L. 89-329), as amended, is the single largest source of federal grant aid supporting undergraduate students. The program provided approximately $26 billion in aid to approximately 6.1 million undergraduate students in FY2021. Pell Grants are…

This Insight Brief discusses how students with intellectual disability can utilize federal financial aid to help pay for college. This publication is updated annually to reflect current legislation and policy related to federal financial aid for students with intellectual disabilities. The information provided is current as of January 2023.

Generally, need-based financial aid improves students' academic outcomes (Nguyen, Kramer & Evans, 2019). However, the largest source of need-based grant aid in the United States, the Federal Pell Grant Program (Pell), has a mixed evaluation record (Bettinger, 2004; Rubin, 2011; Marx & Turner, 2018; Park & Scott-Clayton, 2018;…

The Bring Bobcats Back program was established at Texas State University in 2018 for students who had "stopped out" to return and finish their degrees. Bring Bobcats Back has expanded thanks to federal and state grant funding born out of the pandemic. Through the U.S. Department of Education's Stabilization Fund Program via the…

The Teacher Education Assistance for College and Higher Education Grant (TEACH Grant) Program awards grants to students who intend to teach, to help pay for their postsecondary education. TEACH Grants are available to eligible students who are enrolled at a school that participates in the TEACH Grant Program, in a program of study that the school…

Community colleges serve more than a significant proportion of Americans who could not otherwise attend colleges by providing access to fulfill their educational goals. Many of the students enrolled in the institutions look to the federal government to finance their educational expenses by obtaining federally guaranteed student loans. The…

Differences in funding mixtures across the United States create widely variant levels of unmet need for students. This research examines gaps of unmet need between 2003-4 and 2013-14, particularly considering the presence of any local funding provisions and Pell Grant funding changes. These findings are also considered across state, community…

This research considers Pell grant restoration for incarcerated people for the field of higher education in prison. Using the original data, we outline the limits of Pell funding in the prison context by surfacing persistent funding challenges that the Pell grant alone cannot address and may exacerbate. By providing the necessary investments to…

This report provides descriptions of key elements of the Pell Grant program and information on recipient demographics, award levels, award value, program costs, and program funding prior to the effective date of the Free Application for Federal Student Aid (FAFSA) Simplification Act (FSA). For information on key changes authorized by the FSA that…

Through the higher education act (HEA) reauthorization, congress has several opportunities to improve and simplify student loan repayment for borrowers. To address the challenges students face when repaying their loans, congress should simplify the existing federal loan repayment plans, strengthen public service loan forgiveness, eliminate loan…

In both the stacks of research compiled by education think tanks and in the conversations had around the dining room table by families of aspiring college students, one stumbling block to college enrollment predictably crops up--financial aid. The topics range from avoiding endless, crushing debt to options for part-time jobs. But often the focus…

In response to goals of expanding access as well as public pressure to leverage substantial endowment resources toward increasing affordability, numerous elite colleges have enacted policies aimed at improving access and affordability by replacing student loans with grants in financial aid packages. No-loan policies, however, differ in the extent…

Making college accessible to all includes making it affordable to lower-income families. A growing policy strategy at the state level is to provide individual students with need-based financial aid to offset tuition and living expenses. This strategy inherently presents challenges in choosing which income levels are eligible to receive aid,…