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TRENDS IN STUDENT AID AND COLLEGE PRICING A Component of Florida’s CHANGING DIRECTIONS GRANT

TRENDS IN STUDENT AID AND COLLEGE PRICING A Component of Florida’s CHANGING DIRECTIONS GRANT Supported by The Florida Department of Education, The Lumina Foundation and The Western Interstate Commission for Higher Education. PURPOSE.

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TRENDS IN STUDENT AID AND COLLEGE PRICING A Component of Florida’s CHANGING DIRECTIONS GRANT

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  1. TRENDS IN STUDENT AID AND COLLEGE PRICING • A Component of Florida’s • CHANGING DIRECTIONS GRANT • Supported by • The Florida Department of Education, • The Lumina Foundation • and • The Western Interstate Commission for Higher Education

  2. PURPOSE • A comprehensive accounting of student financial aid trends in Florida. • Complete inventory of direct aid to students, from all sources, at all types of institutions: • 2-year and 4-year • Public and independent • nonprofit and for-profit. • 5 – year look to span periods of growth and decline in state and national economies.

  3. PURPOSE • Recipients and dollars awarded. • Family resources available to students. • And the amount it costs these students to attend college in Florida.

  4. FOCUS • Units of analysis: • Sectors, not individual institutions. • Financial aid programs, not individual awards. • Report data in both current and constant dollars, to promote accurate interpretation of trends, controlling for the variable purchasing power of the dollar over time • Comparisons nationally and to peer states

  5. USEFULNESSTO POLICYMAKERS • We don’t know what we don’t know • Data to inform public policy regarding postsecondary affordability and access. • Project marks the beginning on ongoing tracking of trends in: • indicators of cost, aid, and student/family ability to pay • Relative contributions by those with “shared responsibility” for making postsecondary accessible

  6. WHAT WE’RE COLLECTING • Program years 1997-98 through 2001-02 • Count what is “countable” • Direct aid to students

  7. WHAT WE’RE COLLECTING:SPECIFICS • Federal Aid • State Aid • Institutional Aid (need and merit) • Aid from Private Sources • Dual Enrollment • Fee Waivers and Exemptions

  8. WHAT WE’RE NOT COLLECTING • State subsidies to institutions • Consumer loans

  9. Dr. Scott Swail Educational Policy Institute 25 Ludwell Lane Stafford, VA 22554 Phone: (877) E-POLICY Email: wswail@educationalpolicy.org Patrick Dallet Council for Educ. Policy Research 111 West Madison, Suite 574 Tallahassee, FL 32399-1400 Phone: (850) 487-8710 Email: dallet.pat@leg.state.fl.us CONTACTINFORMATION

  10. http://www.cepri.state.fl.us http://www.educationalpolicy.org FOR STUDYUPDATES…

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