Equity Concerns Rise as FAFSA Filings and Enrollment Deposits Drop

The Background

Historically, Black and Latinx students have been at significant educational disadvantages. These inequities have crossed into many facets of higher education, from access to quality K-12 education to enrollment rates at selective institutions. Unfortunately, the coronavirus pandemic has deepened these inequities, as the virus has disproportionately affected low-income Black and Latinx students’ ability to receive a quality education.

The Study

Researchers at EAB wanted to determine if these inequities extended to enrollment deposits and financial aid at colleges and universities. To do so, they analyzed enrollment data and the Free Application for Federal Student Aid (FAFSA) deposit information of 500,000 students admitted to four-year colleges across the United States for the Fall 2020 semester.

The Findings

Results of the study indicate a widening equity gap. According to deposit submission rates, low-income and minority students are not submitting deposits as much as in previous years. While deposits are down across all low- and middle-income households, they are lowest among Pell-eligible households. When broken down by race and ethnicity, Black students were significantly more likely not to submit deposits when compared to other ethnic groups.

Also, of significant concern is the percentage of low-income students who have not filed a FAFSA form even though they qualify for financial aid. Eighteen percent of Black students and 15 percent of Latinx students have not yet filed their FAFSA form for the Fall 2020 year, rates much higher than white and Asian students. While minority students usually file at lesser rates than white students, the heightened rates for the Fall 2020 semester indicate that the coronavirus pandemic may be disproportionally affecting the minority student population.

The Implications

As a result of the findings, EAB encourages colleges and universities to act swiftly to ebb the impact of coronavirus on low-income and minority students. They suggest that the first step involves identifying and contacting students who have made a deposit, but have yet to complete and submit their FAFSA. Colleges can then provide FAFSA completion support to help students submit their financial aid information. EAB urges colleges to be consistent, persistent, and clear in their messaging to relate the significance of filing these important documents.

Read the full report: https://eab.com/insights/expert-insight/enrollment/drop-college-enrollment-fafsa-filing-raises-equity-concerns/?utm_source=Deposits&utm_medium=PR

Read more about FAFSA filings and enrollment declines.

NACAC Research Associate Cameron Hair welcomes comments and story ideas at chair@nacacnet.org