June 22, 2015

Beyond Financial Aid: How Colleges Can Strengthen the Financial Stability of Low-income Students and Improve Student Outcomes

Authors: Darla Cooper, Kelley Karandjeff, Priyadarshini Chaplot, Robert Johnstone

Publisher: Lumina Foundation

Completing education beyond high school is essential to Americans' well-being and economic success. But rising costs and inadequate financial resources hinder too many students from earning postsecondary credentials. This guidebook identifies six key strategies for improving services for low-income students. The report showcases promising approaches that colleges and universities are already employing, and offers these ideas as guides for all institutions. It also features an institutional self-assessment designed to help postsecondary institutions determine their effectiveness in serving low-income students and take steps toward improving their practices.