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,…

Like the federal Pell Grant program, need-based state grant programs are designed to increase access to higher education among low- and moderate-income students. A growing body of research indicates that adequate funding is a necessary but not sufficient condition for successfully achieving this goal. Aid programs that are easy to understand and…

Under current law, students pursuing an undergraduate degree in the United States are considered financially independent (from their parents) for the purposes of financial aid if, among other conditions, they are 24 years of age or older. When students' parents are able to pay, considering them financially independent may result in more generous…

This report proposes a more reliable method of determining the subsidies required by independent students. The current Federal methodology for need analysis provides a crude index for determining eligibility. This report takes an innovative approach to determining independent students' ability to pay for education. It challenges many of the…

This primer is intended to provide college financial aid professionals with a background in fundamental areas of economics. Its goal is to provide a stronger understanding of the key principles that shape need analysis systems. Part 1 presents basic economic concepts and discusses their application to college enrollment and student aid. These…