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Monday, 31st January 2011

New Research Examines Parent and Student Experiences with the Federal Financial Aid Process

New Research Examines Parent and Student Experiences with the Federal Financial Aid Process

Source:  College Board

A new research study commissioned by the College Board, Cracking the Student Aid Code, has found that early awareness and a simplified student aid process are key to navigating the federal financial aid system, especially at a time when U.S. students and their families face rising college prices and stagnant incomes. Based on extensive focus-group and survey research with parents and students, the study found that nearly half of the parent respondents did not know the cost of attending a public college in their home state, and only 44 percent of Latino parent respondents were aware of the Pell Grant program.

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