This mixed research study focused on the selection criterion and guidelines used by the Higher Education Students Financing Board (HESFB) in granting students loan scheme to University Students in Uganda with a sample from Makerere University. Findings revealed that the majority of the loan beneficiaries are aware of these guidelines and one to…

Social class on campus is omnipresent, with higher education institutions largely geared towards middle- and upper-class students. The social class contrast can be particularly poignant in the residence halls, where choice of hall and room type, personal possessions, and cocurricular involvement can all indicate one's class background.…

Numerous eligible German students do not apply for heavily subsidized student aid (BAföG). Our theoretical model shows how imperfect information, risk aversion, debt aversion, and student income can incentivize rational students to abstain from an application. We use GSOEP data from 2001 to 2013 to simulate BAföG eligibility and find that in…

Over the last three decades, the Direct Loan program has grown in size and complexity, with almost $1.4 trillion in outstanding federal student loans. The Direct Loan program provides financial assistance to students and their parents to help pay for postsecondary education. The US Government Accountability Office (GAO) was asked to review changes…

The main purpose of the study is to investigate the academic performances of first-time freshmen vs transfers using affordability and the Heckman's model of self-selection. The method employed in this study is a quantitative research approach, which applies the regression analysis framework to test the main hypotheses that native students…

Obtaining a college degree has long been considered the key to achieving the American Dream, yet for many it has become increasingly difficult to afford college, as funding for federal financial aid has failed to keep pace with rising tuition costs. Prior research in this area has relied heavily on quantitative data analysis, with limited access…

As community college students often come from lower socioeconomic backgrounds, report greater financial challenges, and experience higher cohort default rates on student loans compared to peers attending four-year institutions, it is important to understand how community college students develop a sense of financial wellness. Moreover, research…

Mandatory fees in higher education have increased substantially in recent years. These increases have changed the net cost of attendance for students from semester to semester. Coupled with these changes, we are witnessing an increase in students from diverse lived experiences who are traditionally unaware of costs associated with their…

When do students start the college planning process? How many plan to take the SAT or ACT? How much do they value a college degree? RNL and Halda surveyed more than 2,200 high school students to answer these and many other key questions. Read our 32-page college planning report and discover a wealth of findings on: (1) when students start to…

Despite substantial investments in financial aid programs, the available aid often falls short of covering the total cost of attendance (Hanson, 2023). Today, college expenses represent 30% of the annual median family income, pushing many students to rely on loans to finance their education (US Census Bureau, 2023). Among student loan borrowers,…

Hmong adolescents face many challenges during high school, particularly college and career readiness. School counselors are trained professionals who can help. This transcendental phenomenology study explored the lived experiences of six Hmong adolescents and how they make sense of college and career lessons in a group work format over six weeks.…

The admission process for many postsecondary institutions was not fundamentally designed to promote equity. It was especially not designed to put students' needs at the center of the process, let alone to give them decision-making power in institutional policies and practices. However, the year 2020--punctuated by a racial reckoning and global…

Based on statistical analysis of the Higher Education Statistics Agency (HESA) international student data from 1998 to 2014, we provide the first detailed analysis of UK international doctoral student data (and the gaps therein). We highlight missing and ambiguous data and develop the profiles of these students, with a particular focus on gender,…

The Federal Pell Grant program, authorized by Title IV-A-1 of the Higher Education Act of 1965, (HEA; P.L. 89-329), as amended, is the single largest source of federal grant aid supporting undergraduate students. The program provided approximately $26 billion in aid to approximately 6.1 million undergraduate students in FY2021. Pell Grants are…

Higher education is increasingly expensive, and access disparities by race and social class exist. Yet, we lack nuance in the scholarly literature about students' understandings of how they finance their college education. We examine how class-based differences influence how students finance college education. We draw on concepts from economic…