Financial Aid Archives - Page 2 of 2 - The Campaign for College Opportunity
Written by: Harley Frankel, Founder and Executive Director of College Match and Michele Siqueiros, President of the Campaign for College Opportunity.
Equal educational opportunity and diversity have been core values of American democracy since the 18th Century. For these reasons, we have invested heavily in public education, land grant colleges and numerous public universities. But unfortunately, our higher education system has not done a very good job in the area of diversity.
Students from low-income families (defined as the bottom quarter of Americans ranked by income) are the most underrepresented group of Americans at the nation’s top colleges and universities, according to a 2004 Century Foundation report. Only 3% of students at the 146 most selective colleges come from families in this quartile. In stark contrast, 75% of all students at these institutions are from families in the top income quartile. This means that students in the upper income quartile are 25 times more likely to attend a top-ranked college than a student born to low-income parents. Read More
June 12, 2014 | Written by: Matthew La Rocque, Research Analyst, The Institute for College Access & Success
California college students who meet Cal Grant eligibility requirements are guaranteed a Cal Grant if they’re recent high school graduates who meet the application deadline. But students who apply for a grant more than one year after finishing high school or who miss the application deadline face a starkly different reality. Just 22,500 Cal Grants for these students – called “competitive” Cal Grants – are authorized each year. And for 2013-14, there were 16 eligible applicants for every authorized award.