The US Department of Education recently released its 2020-21 College Financing Plan template, formerly known as the Financial Aid Shopping Sheet. The College Financing Plan is a standardized form used by participating institutions to notify students about their financial aid package. The department relied on input from financial aid administrators, students, parents, and other stakeholders to develop the new template.
The Department of Education recently announced changes to FAFSA verification aimed to help make the process less burdensome.
In lieu of IRS tax return transcripts and verification of non-filing forms, the guidance allows institutions to accept copies of signed income tax returns and written statements of non-filing from students who are selected for FAFSA verification. The changes are effective immediately and apply to both the 2018-19 and 2019-20 cycles.
Low-income and minority students continue to face barriers to higher education and the resulting gaps have contributed to diminished social mobility in the US, data show.
A new report — Advancing Diversity and Inclusion in Higher Education — highlights strategies institutions can use to help reverse that trend. The 89-page publication uses federal statistics to demonstrate the scale of the problem and highlights strategies colleges and universities can use to help more underrepresented students get to (and through) college.