Articles: Financial Aid

Since the market crash of 2008, a number of private education lenders have left the marketplace.

financial aid

Complying with the growing and increasingly complex Title IV federal student aid regulations is an ongoing challenge for every campus that administers federal student aid. Performing a word count of student aid regulations in 2000 and 2010 reveals a 40 percent increase over that decade.

As another school Semester begins, administrators will be confronted with a segment of their student population that does not go on to graduate. Attrition is nothing new, of course.

Student financial literacy has been a growing concern, not only because of the connection to persistence and retention, but also in terms of success beyond college years that includes repayment of student loans and general fiscal responsibility in adulthood.

Republicans and Democrats agree: The projected cost of the Pell Grant program is unsustainable. Now policymakers are looking at the best ways to reduce costs.

Some of the scariest risks on campus remain hidden until the moment that students, teachers, and staff experience them. Until the shooter kills, the funding disappears, or the opposing party files the lawsuit, everything seems fine.

The Student Aid and Fiscal Responsibility Act (SAFRA), passed in May 2010 as part of the Healthcare Reform Act, was an attempt to rein in the student loan industry and save money by taking private lenders out of the equation.

Typically, when institutions conduct exit surveys for students who withdraw prior to completing a degree program, featured prominently are financial aid, cost, or affordability. They usually garner one of the top slots for reasons listed for withdrawal prior to graduation.

Chances are I am not the only college president being asked these days why my institution is not following Sewanee's lead and reducing tuition by 10 percent—or more.

Future Shock

Darwin put it this way: "It is not the strongest of the species that survives, nor the most intelligent. It is the one that is the most adaptable to change." This simple truth in nature may best describe the evolution of the most nimble higher ed ownership models in the 21st century.

The call for increased transparency in the college pricing and financial aid arenas is coming from many directions and is ringing louder and more clearly than ever.

We have written before about the importance of considering your institution's market position relative to competitors when planning future price increases. When sticker price position is higher than "prestige" position (based on publicly available measures like test scores, U.S.

We delved into the topic of admissions office budgets with a plan to feature the diminishing resources available to college admissions offices and how that situation has impacted enrollment efforts.

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