Families may choose to save for college or elementary and secondary education expenses using tax-advantaged qualified tuition programs (QTPs), also known as 529 plans. This report provides an overview of the mechanics of 529 plans and examines the specific tax advantages of these plans. Specifically, this report is structured to first compare…

Each year as tuition costs increase, more students rely on financial aid to attend institutions of higher education. Financial aid packages, which are created to encourage individual investments in education, consist of a variety of types of funding assistance and aid packages, and are highly tailored to individual students. In general, financial…

The challenges facing higher education institutions across this country continue to increase, becoming more and more complex with each passing semester. Higher education administrators and those who aspire to be such must constantly stay abreast of all potential adverse issues, but especially those that affect the educational success of our…

Starting in 2015, New York State began offering college financial assistance to individuals who have experienced foster care at any point after the age of 13. Recognizing the unique needs of this student population and the desire to provide additional support, the Foster Youth College Success Initiative (FYCSI) was created to encourage and ease…

Objective/Research Question: States have increasingly used merit-based criteria to distribute scholarships and grants, and the dominant conversation on merit-aid programs centers on students attending 4-year colleges and universities. This study examines the characteristics of state-funded merit-aid programs for community college students and…

Community college baccalaureates (CCBs) provide an affordable pathway to baccalaureate-level education but increasing tuition rates present a potential financial barrier for students. Institutional aid as a cost-constraining mechanism has historically been less utilized in the 2-year sector when compared to traditional 4-year institutions. Yet,…

A four-year college degree is associated with numerous positive outcomes for students, from increased average earning potential to opportunities for personal development. Yet, for individuals with disabilities, large medical bills and other disability-related expenses may make affording college especially difficult. This study used a convergent…

The Free Application for Federal Student Aid (FAFSA) is the primary gatekeeper to secure financial aid for college. The federal government instituted two changes to the process in 2017, commonly known as "prior-prior year" FAFSA: (1) an earlier start date that lengthens the filing period and (2) the ability to use completed taxes from…

Private nonprofit colleges are increasingly using tuition resets, or a decrease in sticker price by at least 5%, to attract new students and counter declining demand. While discounting tuition with institutional aid is a common practice to get accepted students to matriculate and to increase affordability, a tuition reset is a more transparent…

The study aimed at investigating the experiences of graduate students who experience, for the first-time, cost-sharing policies in Saudi public universities. The study used the explanatory sequential mixed methods approach, involving a two-phase data collection. First, quantitative data were collected through a questionnaire administered to…

Over the last 3 decades, the Direct Loan program has grown in size and complexity, with over $1.3 trillion in outstanding loans as of September 2023. This program provides financial assistance to help students and their parents pay for postsecondary education. The Government Accountability Office (GAO) was asked to review issues related to…

International student enrollment has become increasingly important in higher education financing as public appropriations for higher education and enrollments have declined. A critical consideration for U.S. public institutions -- in particular regional institutions that lack brand prestige -- is pricing. This research brief examines the methods…

Created in 1972, the Pell Grant program awards grants to low-income students to help pay for whatever accredited U.S. college they choose. Totaling $28.4 billion in 2019-20, the program is the most significant source of federal student aid for college. However, as the program turns 50 this year, many advocates are hoping to expand its reach and…

Most Latinx students who begin their academic journey begin at community colleges. Yet, the cost of college is a significant barrier for Latinx students in completing a degree. The purpose of this study was to explore the intentionality of financial support for Latinx student at an Emerging HSI California community college as it becomes HSI.…

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…