This report analyzes data from 2001-2017 to examine public four-year universities' spending on financial aid dollars--specifically between non-need-based and need-based aid. Our researcher found that these universities have spent nearly $32 billion of their own financial aid dollars on students who lack financial need, according to an analysis New…

The last several years has seen significant cuts to federal student aid funding to shore up the budget of the Pell Grant program, the primary source of government aid to low-income students. But in this paper, the author argues that there's a better way to keep the Pell Grant program viable: elimination of the American Opportunity Tax Credit and…

Explores how a dispute between the U.S. Department of Education and Saint Louis University over alleged misuse of professional judgment in the awarding of over 2,000 Pell grants could change how campus officials handle students' financial aid requests. (EV)

Reports evidence that the federal government's three campus-based student aid programs are no longer serving needy students well, but rather benefit a select group of institutions. Urges changing the 20-year-old financial aid formula to better reflect changing college demographics. Contrasts aid received by students attending the University of…