In the context of a theoretical model of expected profit maximization, this paper shows how historic institutional data can be used to assist enrollment managers in determining the level of financial aid for students with varying demographic and quality characteristics. Optimal tuition pricing in conjunction with empirical estimation of…

Every year millions of students and families sit around their kitchen tables and grapple with how they are going to pay for college. All too often they approach what may be the most important financial decision of their lives armed with incomplete, confusing, or inaccurate information about their options. College financial aid offices have a…

Students at a college or university who receive need-based financial aid, receive a tremendous financial resource compared to those students who do not receive need based financial aid. A sample of 100 students from various backgrounds and skills were surveyed. The survey asked questions of the two student groups: received need based financial aid…

According to the American Council on Education, more than 1 million community college students failed to receive financial aid for which they were likely eligible. This is a startling statistic. Given that financial aid is such a critical determinant of college-going and that academic counselors are among students' most important advocates,…

Paying for college is a challenge for many Americans and navigating the financial aid process can be very difficult, especially for low-income and first-generation college students. The College Board commissioned research to learn more about students' and parents' knowledge, beliefs and attitudes about the importance of a college education and how…

The writer discusses the challenges faced by financial aid directors. Determining how much families can pay for college has become more complex as the very definition of family has evolved. A growing number of students are coming from nontraditional families, and many college officials are scrambling to accurately evaluate their financial…

This paper is concerned with the influence of student loans on the accessibility of disadvantaged groups to higher education. Three key conditions are necessary for success, but are often neglected. These are: that effective eligibility and screening criteria are in place and that pro-active targeting measures are employed to reach out to the most…

The equity effects of public subsidization of private schools in Cote d'Ivoire are analyzed. The subsidy per student in private (and public) schools increases as one goes to higher household per capita expenditure groups. Students from families in the highest expenditure quartile receive twice the subsidy received by students from families in the…

In 2002, the Government Accountability Office (GAO) reported that veteran students were awarded similar amounts of Title IV aid as nonveteran students, and veterans' total federal aid was greater when Chapter 30 GI benefits were included. This report responds to request from the Subcommittee on Economic Opportunity, Committee on Veterans' Affairs…

For-profit schools--also known as proprietary schools--received over $16 billion in federal loans, grants, and campus-based aid under Title IV of the Higher Education Act in 2007/08. The US Government Accountability Office (GAO) was asked to determine (1) how the student loan default profile of proprietary schools compares with that of other types…

The Higher Education Technical Corrections (Public Law 111-39) was put in place to make technical corrections to the Higher Education Act of 1965, and for other purposes. The table of contents for this Act is as follows: (1) Sec. 1. Table of contents; (2) Sec. 2. References; and (3) Sec. 3. Effective date. (A) Title I--General Provisions: (4) Sec.…

Recently, spending and fees at colleges and universities have been rising faster than family incomes. If this trend persists, increasing emphasis will be placed on endowments as a source of finance. This paper examines financial planning when growth rates for the sources and uses of funds differ. First, we examine concepts of "intergenerational…

Growing concerns about low awareness and take-up rates for government support programs like financial aid for college have recently spurred calls to simplify the application process and enhance visibility. However, little research has been done to determine whether such reforms would truly improve college access and in what form…

This report discusses the ability of specific policy options in strengthening the Pell Grant program to meet the significant financial needs of low-income students. These policy options include: (1) raising the appropriated maximum Pell Grant award; (2) raising both the minimum and appropriated maximum Pell Grant awards; and (3) adjusting federal…

Policy makers in Ontario and Alberta provide financial assistance to disadvantaged students. Three special allocations in 2006-2007 school year for disadvantaged students in grades one to eight in the two provinces are compared to answer the question: Who makes stronger vertical equity efforts? The three compared allocations are: the allocation…