Need-based Aid Per Student

About this Indicator

State funding for grant aid based on financial need is measured by the amount of need- based grant aid per FTE student and per recipient. The receipt of grant aid has been linked with higher rates of college enrollment and degree completion.[1]

Data Source

National Association of State Student Grant and Aid Programs. Annual survey report on state-sponsored student financial aid.

 

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[1] MHEC. (2019). State grant aid: An overview of programs and recent research. Retrieved from https://www.mhec.org/sites/default/files/resources/mhec_affordability_series8_0.pdf. MHEC (2014). Campus-based practices for promoting student success: Financial aid. Retrieved from https://www.mhec.org/sites/default/files/resources/20140513SS3_financial_aid.pdf.