Department of Education data show that three quarters of American undergrads have some amount of “unmet financial need” they have to cover either with loans, a job while enrolled or both. Take Pell Grants, the largest federal aid program aimed mainly at low-income students. Even after taking into account federal loans and work-study, about 86 percent of Pell recipients had nearly $9,000 in “unmet need” on average per year… The daunting, complex aid process can be even more so for low-income and first-generation-to-college families, says Sandy Baum, a senior fellow at the Urban Institute. Navigating that tangled forest takes effort, time and savvy that some families don’t have.

Read full article [here].
by Eric Westervelt, NPR.

Posted: March 25th, 2014, by: admin. Categories: . Awaiting Comments.