Remove FAFSA Remove Grant Remove Students
article thumbnail

Wealth-Based Pell Grant Could Reduce Student Debt and Racial Wealth Inequality

Diverse: Issues in Higher Education

A proposed federal financial aid policy could change the lives of postsecondary students, particularly Black and Latinx students, by allowing them to spend less out-of-pocket for their degrees and prevent the accumulation of student debt, which remains financially crippling for many graduates.

Grant 210
article thumbnail

Survey: FAFSA Delays Changed Composition of Fall 2024 Incoming Class

Diverse: Issues in Higher Education

The debacle surrounding the rollout of the new Free Application for Federal Student Aid (FAFSA) affected the incoming fall class at three-quarters of private, nonprofit colleges and universities across the nation. Nearly half (49%) of respondents reported that their fall 2024 class was “more difficult to fill” due to the FAFSA delays.

FAFSA 196
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Higher Ed Officials Express Uncertainty Amid Further FAFSA Delays

Diverse: Issues in Higher Education

Department of Education (ED) is delaying the sending out of student information relevant for financial aid calculations to institutions, higher ed scholars and officials have voiced concern and uncertainty over how this change will affect low-income and first-generation students in particular. Amid news that the U.S.

FAFSA 272
article thumbnail

Dept. of Education Issues Guidance on Handling FAFSA Data When Administering Student Aid

College Aid Services

The federal government published a comprehensive guide to how Title IV institutions state grant agencies, and contractors can utilize personally identifiable information that they receive from the FAFSA Application. of Education Issues Guidance on Handling FAFSA Data When Administering Student Aid The post Dept.

Title IV 102
article thumbnail

U.S. Department of Education Announces Updates for New FAFSA Implementation

Diverse: Issues in Higher Education

Department of Education (ED) has updated how it calculates the amount of aid students will receive to be in full alignment with the FAFSA Simplification Act. Cardona said the update, the latest in ED’s 2024–25 Better FAFSA ® implementation, will not impact implementation timelines. Secretary of Education Dr. Miguel A.

FAFSA 194
article thumbnail

Pell Grant Increase Will Help Low-Income Students, But More is Needed

Diverse: Issues in Higher Education

29, the new federal spending plan is set to increase the Pell Grant in 2023, allowing low-income students a chance to access up to $7,395 each year. Coupled with the $400 increase in the 2022 fiscal year, this is the largest two-year increase ever in the history of the grant. The total student loan debt reached $1.75

article thumbnail

CUNY to Launch FAFSA Completion Assistance Initiative Amid Tumultuous Federal Rollout

Diverse: Issues in Higher Education

Amid ongoing issues with the new Free Application for Federal Student Aid (FAFSA) form this year, the City University of New York (CUNY) is looking to help. The initiative is for students seeking financial aid for college this coming fall.

FAFSA 216