Tag: financial aid
Colleges Promise Greater Transparency in Financial Aid Options
More than 360 colleges and universities came together this week to standardize their financial aid offers. Spearheaded by the College Cost Transparency Initiative (CCT),...
Statewide Collaboration Results in Greater Financial Aid for Students
The Roberta B. Willis Scholarship Program, which launched at the start of the 2016-2017 academic year, provides scholarships to Connecticut students from economically disadvantaged...
University of Maryland to Cover Tuition and Fees for Low-Income In-State...
The University of Maryland (UMD) announced Monday that it will cover the cost of tuition and fees for low-income state residents through a new...
Large Alumni Donation to Fund Scholarships for Pell Grant Recipients at...
A $46 million donation to Miami University in Oxford, Ohio, will be used to fund scholarships for students receiving Pell Grants.
The gift will...
Michigan Governor Signs $250 Million Bill to Establish College Scholarship Program
Michigan Gov. Gretchen Whitmer (D) signed bipartisan legislation for a $250 million state-funded scholarship program, one of the state’s most significant investments in financial...
Princeton to Cover All College Costs for Students Whose Families Make...
Beginning next fall, undergraduates at Princeton University who have a household income under $100,000 will not have to pay any tuition or fees, the...
New Grant Supports Education, Training for Californians Unemployed Due to COVID
A new grant program has been launched by the California Student Aid Commission that will support Californians who lost their jobs due to the...
Justice Department Weighs in on Antitrust Lawsuit Against Elite Universities
The U.S. Department of Justice issued a statement of interest this week in support of an antitrust lawsuit that claims 16 elite universities colluded...
Colleges Struggle with Severe Financial Aid Staffing Shortages
As much of the U.S. labor market continues to contend with major shortages, college financial aid offices are struggling to find and retain qualified...
Dartmouth College Eliminates Undergraduate Student Loans
Dartmouth College will eliminate student loans from undergraduate financial aid packages and replace them with extended scholarship awards and grants to help students from...
Rutgers University Offers Free, Low-Cost Tuition to Students from Disadvantaged Families
This week, Rutgers University introduced the Scarlet Guarantee, a financial aid program that will significantly reduce or eliminate tuition and fees for first- and...
Lawsuit Claims Top Universities Conspired to Limit Financial Aid
A class-action lawsuit filed Sunday claims Yale, Columbia, Georgetown, and a dozen other top universities violated antitrust laws by conspiring to restrict the amount...
Inflation Has Yet to Affect Tuition, but Students Still Feel the...
Amid the economic setback of the pandemic and the ever-rising cost of higher education, financial burdens for low-income families have become amplified in recent...
Higher Education Works with Limited Federal Relief to Help Students
In early December 2020, the American Council on Education (ACE), in conjunction with more than 100 other higher education groups, penned a letter to...
Congress Works to Aid College Access in Omnibus Bill
Over the weekend, Congress announced details of a $1.4 trillion omnibus bill that will include $900 billion COVID-19 relief aid for businesses and individuals,...
Parents in Illinois Sign Over Custody to Gain Need-Based Aid, ProPublica...
Update: The United States Department of Education announced on Tuesday that it is taking steps to address the “potential student aid fraud" first reported...
Free State College Programs Are Growing, But Still Help Few Students
As 2020 presidential candidates debate America’s student debt crisis, researchers are measuring the effectiveness of current college funding strategies such as College Promise programs.
Promise...