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ERIC Number: ED543307
Record Type: Non-Journal
Publication Date: 2009-Sep-23
Pages: 4
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Institutional Aid Survey: Colleges Report Increases in Students Applying and Qualifying for Aid. Quick Scan Survey Results
National Association of Student Financial Aid Administrators (NJ1)
This year, more students are applying and qualifying for need-based financial aid and more financial aid offices are being asked to reassess financial aid packages to reflect recent changes to families' financial situations, according to a recent survey by the National Association of Student Financial Aid Administrators. "This survey demonstrates a growing demand for financial aid and a growing burden for financial aid offices," said NASFAA Interim President Joan Crissman. "As Congress works to overhaul the student aid programs, it should address these trends by directing program savings to increase funding for need-based aid and simplifying the student aid system." Among survey respondents from nearly 500 financial aid offices, 61 percent reported a 10 percent or greater increase in the number of aid applications for the 2009-10 award year compared to the same period in 2008-09. Another 28 percent of institutions have seen applications increase less than 10 percent and only 8 percent reported no increase.
National Association of Student Financial Aid Administrators. 1101 Connecticut Avenue NW Suite 1100, Washington, DC 20036. Tel: 202-785-0453; Fax: 202-785-1487; e-mail: membership@NASFAA.org; Web site: http://www.nasfaa.org
Publication Type: Reports - Research
Education Level: Higher Education; Postsecondary Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: National Association of Student Financial Aid Administrators (NASFAA)
Identifiers - Laws, Policies, & Programs: Pell Grant Program; Perkins Loan Program; Stafford Student Loan Program