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Different factors have impacted this downward trend, like falling birth rates, changes in the economy and, of course, rising college tuition — all of which drastically impact student choices and make your approach to attracting and recruiting students more important than ever. Tuition is one thing … a big thing … but also just one thing.
Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans. Department of Education to determine a student’s eligibility for various types of financial aid, including grants, scholarships, work-study programs, and federal student loans.
With the rising cost of tuition, financial aid is more important to many students and their families than ever before. FAFSA is not only used for tuition but also for future opportunities like consideration for aid for study abroad, so it is important you have a completed FAFSA on file each year. What is the FAFSA?
As might be expected, these conversations centered on longstanding concerns around tuition and financial aid, but often expanded into conversations around supporting the holistic needs of students, especially working students. Schools that begin recruiting post-traditional students should take note that they may have work to do in this area.
Rising tuition costs (though as we know, this often differs from net price), fears of student debt and skepticism about ROI based on job prospects and starting salaries have led too many Americans to question the value of higher education.
As might be expected, these conversations centered on longstanding concerns around tuition and financial aid, but often expanded into conversations around supporting the holistic needs of students, especially working students. Schools that begin recruiting post-traditional students should take note that they may have work to do in this area.
Another piece of information that I've talked about in a webinar is some data that our own research team found that was done at Stanford University. So we know students are very concerned about loans, students are borrowing less, fewer students are borrowing. Is this really gonna be worth my time and money? Could actually attach to.
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