article thumbnail

No Increased Funding Proposed for New Jersey Community Colleges

Diverse: Issues in Higher Education

Aaron Fichtner, president of the New Jersey Council of County Colleges, noted in an interview with NJ.com that the state has been generous in expanding student financial aid programs. Murphy said the $55.9

article thumbnail

Higher Ed Organization Leaders to Form Task Force to Address Financial Aid Confusion

Diverse: Issues in Higher Education

The “Paying for College Transparency Initiative” seeks to improve clarity, accuracy, and consistency of student financial aid offers. This national task force will create financial aid offer principles and standards to help students understand education costs and compare offers.

professionals

Sign Up for our Newsletter

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

article thumbnail

Understanding Financial Aid: Loans, Grants, and Work-Study Explained

CFAA College Financial Aid Advisors

Whether youre planning to attend college soon or just thinking about your future, understanding the different types of financial aid you might receive is key to making smart decisions about paying for your education. Heres a few key terms that you need to know when it comes to loans, grants, and work-study!

article thumbnail

St. Augustine's University Placed on Probation

Diverse: Issues in Higher Education

These efforts are reflected in the significant progress in areas such as increased enrollment, increased alumni and employee giving, increased grant activity, increased endowments, reduced student debt, improved upward mobility of graduates, and year-end balanced budgets. Christine Johnson McPhail said in a statement.

article thumbnail

Fill Graduation Gaps, Transform Higher Ed

Diverse: Issues in Higher Education

About 60% of our state university students graduate within six years. Yet that rate drops to less than 48% for Hispanic students, 43% for African American students, and 31% for Native American students. Students receiving Pell grants have graduation rates 21 percentage points lower than students who are not Pell-eligible.

article thumbnail

Breaking Down Your Financial Aid Letter: What’s Free Money and What’s Not

CFAA College Financial Aid Advisors

Heres your financial aid breakdown: Free Money: Grants and Scholarships Grants and scholarships are the best parts of your financial aid package because they dont require repayment. Make sure to account for these extra costs when evaluating your aid package.

article thumbnail

5 Big FAFSA Updates That Will Impact Your Financial Aid This Year

CFAA College Financial Aid Advisors

The new rules clarify which students can qualify as independent, particularly those who are veterans, married, or emancipated minors. Increased Pell Grant Eligibility The FAFSA changes also come with an expansion of Pell Grant eligibility. Hopefully this makes higher education more affordable!