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Addressing Inequality in Higher Education Access and Affordability

Explore the impact of unequal family income on opportunities for higher education. Learn about financial need analysis models, types of aid, and strategies for restoring college affordability. Discover ways to broaden enrollment of students from low-income families. Email tom@postsecondary.org for the presentation.

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Addressing Inequality in Higher Education Access and Affordability

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  1. Unequal Family Income and Unequal Opportunity for Higher Education National Scholarship Providers Association Seattle, WA October 11, 2017 Tom Mortenson Senior Scholar, The Pell Institute for the Study of Opportunity in Higher Education Higher Education Policy Analyst, Postsecondary Education OPPORTUNITY Intro

  2. Financial Need Analysis Model Cost of Attendance Tuition and fees Room and board Books and supplies Personal and medical care Transportation Less: Expected family contribution Income and assets Family size Number of children enrolled in college Equals: Financial need Gift aid: grants, scholarships, waivers Earnings from work/study Education loans: subsidized/unsubsidized Stafford, PLUS Federal tax credits

  3. Tertiary Type-A Degree Attain 25-34 yr olds OECD 2003

  4. Restoring College Affordability Federal $13,000 Pell Grant maximum award $2,000 Super Pell to fund negative EFC calculated from FAFSA Income contingent education loan repayment College work-study for all students States Required 50:50 match to federal Pell Grant Institutions Continued eligibility for Title IV participation contingent on progress toward broadening enrollment of students from low income families

  5. Final Contact Information: Email to request PowerPoint from: tom@postsecondary.org

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