Financial aid

UVa backs away from loan-free offer to its poorest students

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Why is the University of Virginia backing away from a student aid policy that succeeded in attracting more low-income students? And why is UNC standing by a similar policy?

Public universities propose alternative to Obama ratings plan

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Association of public universities says Obama ratings system could create "perverse incentives," but supports linking receipt of aid to performance on key metrics.

Obama administration announces new college commitments and funding for low-income students

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The Obama administration unveils more than 100 commitments from colleges and universities and millions of dollars in philanthropic donations as part of its White House higher education summit. 

Consumer bureau calls on financial institutions to disclose debit card agreements with colleges

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U.S. consumer bureau officials call on financial institutions to disclose the agreements they have with colleges to provide students with debit cards. The lack of transparency constitutes a "risky practice," agency's director says. 

Michelle Obama speech signals new administration focus on boosting low-income college enrollment

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With Michelle Obama's speech on higher education -- and another meeting of university presidents at the White House -- the administration kicks off a new push to increase low-income students' access to college.

Congressional study explores costs of and possible changes to Pell program

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Congressional study explains why primary need-based-aid program ballooned in cost and explores how possible policy changes would affect spending -- and students.

Senate negotiators reach (another) student loan deal

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Compromise would tie federal student loan interest rates to financial market, cap them, and direct some savings to reducing the deficit. Senate approval is not a sure thing.

Federal report warns that aid proposals could hurt low-income minority students

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Citing declining enrollment and bachelor's degree attainment for low-income minority students, report warns that proposals to reform federal student aid could harm access and outcomes for neediest students.

Justice Department launches investigation into merit aid talks

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Justice Department investigation into whether merit aid discussions violate antitrust rules highlights the barriers that private colleges face in dialing back the practice and the unclear laws under which they operate.

Merit aid makes college more expensive for low income students, report finds

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Use of non-need-based aid in pursuit of tuition revenue and prestige is driving up the cost of college for low-income families, New America Foundation report finds.

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