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Articles: Financial Aid

​Criminals who receive financial aid fraudulently basically steal money from bona fide students and institutions.

It’s known that full-time students graduate more quickly and more often than do their part-time counterparts. But what about students who fluctuate between full- and part-time status?

CONTINUOUS IMPROVEMENT—At  The University of Arizona, academic advisors know that every student matters when it comes to retention, not just because each individual’s success is important but also because they realize that retaining just a few extra students raises overall retention rates.

There’s no doubt that higher ed institutions have access to tons of student data these days, but what separates actionable insights from analytics overload?

Roberto A. Santizo is a senior enrollment management consultant with Ruffalo Noel Levitz.

In a survey, nearly two-thirds of private institutions and about half of publics indicated they would attempt to provide financial aid packages earlier than usual.

BACK A BOILER—Purdue's self-funded ISA program has served 160 juniors and seniors since its launch in fall 2016 and will include sophomores as of next school year. Students with any major may participate in the program, launched as part of a broader effort to make college affordable.

The ISA concept, which many describe as selling stock in yourself, is now an emerging hot topic within the higher ed financing debate.

An income-share agreement (ISA) is an alternative to using student loans to finance higher education. Rather than a loan, a student agrees to pay a percentage of their future income for a set number of years back to the investor, which could be a university that funds its own ISA or a pool of investors that has launched an ISA.

ISA provider 13th Avenue, which is currently talking to several institutions about setting up ISA pilot programs, has found that funding is a key challenge. “The schools are interested, but they are reluctant to fund the program so we are busy trying to raise money,” says Casey Jennings, chief operating officer.

ISA provider Vemo Education and the Jain Family Institute, a nonprofit think tank that supports the development of ISAs, are also in the exploratory phase with a handful of higher ed institutions interested in making the investment to launch their own ISAs.

Adults need more flexible higher ed programs that allow them to do college coursework remotely and at their own pace and at any time. (GettyImages.com: Kali9)

A newly formed advocacy organization hopes to smooth the process for busy adults looking to attend college.

Today, with increased attention on student success and the long-term effects of unpaid accounts, institutions need to recognize the impact financial services staff have on recruitment and retention. It’s a shift to thinking more about the big picture.

Barry Mills has been appointed higher ed deputy chancellor and chief operating officer of the University of Massachusetts Boston.

Barry Mills has been appointed deputy chancellor and chief operating officer of the University of Massachusetts Boston.

Community colleges in two of California’s biggest cities have announced plans to substantially expand access to public education by offering residents
the chance to earn an associate degree for free.

Higher ed researchers Beth Akers and Matthew Chingos, in their book Game of Loans: The Rhetoric and Reality of Student Debt, say the real challenges facing student lending are obscured by the popular myth of looming crisis.

The student debt crisis—despite dire warnings from the media—is not as bad as it is portrayed, researchers Beth Akers and Matthew Chingos say.

In uncertain political times, some higher ed lobbyists say their most important role may be blocking legislation that could harm their client colleges and universities. 

Gary A. Olson is president of Daemen College in New York.

Like all of the free tuition plans proposed to date, New York Gov. Andrew Cuomo’s plan in its present form will have unintended consequences that could be devastating to the state’s economy.

14 percent of students started their postsecondary education in a community college, then transferred to a four-year school and earned a bachelor’s degree within six years of entry.

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