When Financial Aid Falls Short: The Ongoing Problem of Unmet Need

By Lauren Walizer

“Traditionally underrepresented groups– such as people of color and low-income, parenting, working, first-generation, or immigrant students – are increasingly pursuing postsecondary education. Public policies, however, have failed to keep pace with rising college costs and the needs of these students. As a result, an increasing number of students, including those attending community college, are left with unmet financial need, which is the difference between the cost of attendance and all student resources that don’t need to be repaid, such as scholarships, grant aid, and a student’s Expected Family Contribution (EFC).”

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Source URL: https://perspectives.acct.org/stories/when-financial-aid-falls-short