ERIC Number: ED460243
Record Type: Non-Journal
Publication Date: 2001-Dec
Reference Count: N/A
How Minority Students Finance Their Higher Education. ERIC Digest.
This digest examines the various financial sources minority students use to meet the costs of higher education, some of which were created with the specific goal of promoting their college attendance. Sources include federal student loans, pre-college programs and grants, college prepaid plans, and student credit cards. Policy recommendations to increase the availability of aid for college attendance, grounded in current policy and data, include increasing the emphasis on grant aid resources at federal, state, and institutional levels to lower dependence on loans for low-income students; increasing work-study programs to help integrate working students into the institution and help them finance their education; reassuring students regarding the availability and timing of student aid; targeting financial aid programs for students whose needs are not met by current federal aid programs; and continuing state support through needs-based grants. (Contains 12 references.) (SM)
Descriptors: College Students, Educational Finance, Federal Aid, Grants, Higher Education, Low Income Groups, Minority Groups, Paying for College, Student Costs, Student Loan Programs
ERIC Clearinghouse on Urban Education, Institute for Urban and Minority Education, Box 40, Teachers College, Columbia University, New York, NY 10027. Tel: 800-601-4868 (Toll Free); Web site: http://www.eric-web.tc.columbia.edu.
Publication Type: ERIC Publications; ERIC Digests in Full Text
Education Level: N/A
Sponsor: Office of Educational Research and Improvement (ED), Washington, DC.
Authoring Institution: ERIC Clearinghouse on Urban Education, New York, NY.