College affordability is a significant factor in student access, retention, and completion. Tuition and fee rates are a component of affordability, as is the availability of financial aid programs from federal, state, institutional and private sources, among other factors. Strategically designed approaches to college affordability can better…

Since 1997, education tax benefits have become an increasingly important component of federal higher education policy. For 2023, 11 higher education-related tax benefits are available. After 2025, absent legislative action, this number will effectively increase to 13. Two provisions that are temporarily suspended are scheduled to be…

The federal government provides financial assistance to individuals for higher education expenses in two major ways: tax benefits and traditional student aid (loans, grants, and work-study assistance). Since 1997, education tax benefits have become an increasingly important component of federal higher education policy. In 2021, 11 higher…

In an era of escalating higher education costs, students and families need to be aware of all of their options for financing college and how those financing options work. Financing remains one the top factors for choosing a college, especially for students with greater financial need. Those who do not receive the award packages and financial…

As Washington prepares to welcome a new Congress in January 2023, incoming policymakers who want to improve education for every student and give parents more control over where and how their children are educated have many policy options at their disposal. New Members of Congress who want to protect taxpayers and rein in college costs also have…

Both young and fast-growing, the Latino population in the U.S. is enrolling in higher education in increasing numbers. Over the past decade, the rate of enrollment in higher education for Latinos ages 18 to 24 years old has increased by 15 percentage points, from 24% to 39%. During this same time, the average annual cost of college has more than…

This annual report provides the details of how some of New Mexico Higher Education Department's (NMHED) accomplishments will improve the lives of New Mexico's students. In addition to information about NMHED led programs, this report includes profiles of each of New Mexico's public higher education institutions (HEIs) to the report. Each profile…

This annual report provides details on how the COVID-19 pandemic impacted the New Mexico Higher Education Department's (NMHED) operations and the impact on New Mexico's students, faculty, and staff. All colleges and universities prepared and followed detailed plans on how they would operate to continue to deliver quality education while keeping…

The New Mexico Higher Education Department strives to bring leadership, guidance, and assistance to New Mexico's higher education stakeholders. The HED is committed to promoting best practices, institutional fiscal responsibility, and student achievement. Everything the agency does is through the lens of supporting New Mexico's higher education…

The New Mexico Higher Education Department (HED) and higher education institutions (HEIs) have set long-term statewide goals to increase 4-year graduation rates, improve transfer and articulation, and improve remedial education outcomes. HED is pursuing these goals through the following initiatives: (1) Statewide common course numbering and…

The performance of higher education in New Mexico--measured by cost-efficiency, degree production, graduation rates, and a host of other metrics--remains exceptionally low in comparison with all but two or three other states. For most of the 2013 calendar year the Higher Education Department worked on various fronts to address the most pressing…

This publication offers information by region on state and other repayment, forgiveness, and scholarship programs for medical students. Each section offers fact sheets on the programs offered by the states in one of four regions: central, northeast, southern, and western. The final section contains information on other programs operated by…

This guide to financial aid programs provides Minnesota students with information on types of aid, qualifications, and how to apply. In the first section, "What is Financial Aid," the guide focuses on the purpose of financial aid, the different sources of financial aid, and how to qualify for aid. The second section, "How Do I Apply for Financial…

Since 1973, the Internal Revenue Service has considered all educational loan cancellations, where specific duties or employment is required, as taxable income. Implications for students, the courts, and federal legislation are discussed. (LBH)

Delinquency rates for rotating loan funds might be reduced if the financial aid officer took charge of loan billing and collection rather than relying on the bursar's office, which is often not as familiar with the loan programs. Methods used at Georgetown University are described. (LBH)