A new report from the Government Accountability Office says that most U.S. colleges and universities are not following best practices for providing clear and standard information when sharing financial aid packages with newly admitted students, leaving many families unprepared for the true cost of college.
Topics: Financial literacy
New alliance to help students better navigate college costs, loans
Led by Indiana University, the Higher Education Financial Wellness Alliance will bring together colleges committed to improving cost transparency, increasing students’ financial literacy, and removing barriers to degree completion.
Making higher ed more affordable: College presidents weigh in
What would make college more affordable for low-income students, students of color, and students from working-class backgrounds? Three college presidents share their solutions.
Education leaders using demographic data, technology to increase FAFSA completion
Educators and legislators are seeing positive results from targeted approaches to improving FAFSA completion rates among low-income students.
Michigan schools work to show students in rural communities that college is within reach
Michigan is experimenting with financial aid education and college visits to break college dropout patterns in rural communities.
Financial aid award letters are often vague, confusing
A new report has determined that financial aid award letters often are confusing and inconsistent, creating challenges for families trying to make financially-informed college decisions.