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