Tag: Financial Aid

Latest News

Is College Still Worth the Cost? Most Traditional Age Students and Families Say Yes, According to Survey

The overwhelming majority of undergraduates aged 18 to 24 and their families (89%) still believe a college degree opens doors despite the hefty cost, according to the 2021 survey “How America Pays for College” from student loan lender Sallie Mae.

July 23, 2021

Recruitment & Retention

Summit Looks to Address Financial Barriers to Student Enrollment and Degree Completion

Among the various barriers to college student enrollment and degree completion, finances stand out as the most prominent. This is what CampusLogic’s four-day SHIFT Summit is striving to address.

June 8, 2021

Sports

Western Michigan University Receives Largest Single Gift to U.S. Public University

Western Michigan University has received $550 million, the largest single gift given to a U.S. public university, Detroit Free Press reported. The money will be divided, with $300 million going to WMU’s Homer Stryker M.D. School of Medicine, $200 million going to need-based financial aid, faculty hiring and other initiatives, and $50 million going to […]

June 8, 2021

Community Colleges

California Gov. Newsom Proposes $12 Billion Increase in Higher Ed Investments

California Gov. Gavin Newsom has proposed a $12 billion increase for higher ed, with investments in college affordability, strengthening pathways, improving time to degree and graduation and addressing COVID-19 pandemic impacts on students. The investments aim to close racial equity gaps, which have been exacerbated during the pandemic. The higher ed budget proposed in the […]

May 18, 2021

News Roundup

NACAC Creates Committee to Improve Financial Aid and College Admissions Systems for Racial Equity

The National Association for College Admission Counseling (NACAC) has announced a committee to reimagine financial aid and college admissions in the pursuit of racial equity in postsecondary education. The committee – a product of NACAC’s partnership with the National Association of Student Financial Aid Administrators (NASFAA) and funded by the Lumina Foundation – will consist […]

March 4, 2021

Students

Mount Holyoke College Receives $10M Donation to Support Scholarships

Mount Holyoke College recently received a $10 million donation to support scholarships and other financial aid opportunities for students, according to MassLive. The donation, made by alumna Liz Cochary Gross and her husband, Philip Gross, was given as part of the college’s “Meet the Moment Scholarship Challenge.” In response to their contribution, the largest in […]

January 15, 2021

COVID-19

Report: Financial Aid Officers Can Use Professional Judgement as a Tool for Racial Equity

A new report by The Education Trust explores how financial aid offices can use professional judgement as a tool for racial equity as students’ financial standing rapidly changes amid COVID-19.

December 3, 2020

Leadership & Policy

TIAA Institute Virtual Higher Ed Symposium Participants Express Optimism, Despite COVID-19

The Teachers Insurance and Annuity Association of America (TIAA) Institute recently hosted a virtual “Higher Education Leadership Symposium” based on a new white paper — developed by TIAA in collaboration with EY-Parthenon — that spoke to the future of operating models and student success at higher ed institutions, given the financial constraints of COVID-19.

October 22, 2020

Students

Report Examines Value of a Postsecondary Degree From Students’ Perspective

To understand how college graduates perceive the overall value of a postsecondary degree, the Indiana Commission for Higher Education released the “2020 Gallup-Indiana Graduate Satisfaction Survey.”

October 8, 2020

Community Colleges

Baltimore City Community College Is Offering Free Tuition for Eligible Students

By combining federal financial aid, the State of Maryland’s Promise Scholarship, City of Baltimore support, scholarship opportunities and CARES Act funding, Baltimore City Community College (BCCC) announced it will offer free tuition to eligible students entering or returning for the upcoming fall semester. “Boasting the lowest in-state tuition in Maryland, BCCC is removing a major […]

August 11, 2020

COVID-19

Champlain College Launches Virtual Gap Program

For students looking to delay their college start date due to the impact of COVID-19, Champlain College introduced a virtual gap program.

June 15, 2020

Community Colleges

ACCT Report Highlights Need for Community Colleges to Offer Both Financial Education, Aid

A new report by the Association of Community College Trustees (ACCT) in partnership with The Guardian Life Insurance Company of America advises community colleges on how to best support their students financially. As part of the report, “Bridging Financial Wellness and Student Success: Effective Models for Community Colleges,” students participated in a financial literacy education […]

June 7, 2020