Happy Financial Aid Awareness Week!
Today marks the beginning of Financial Aid Awareness Week! In partnership with NCTC and the Citi Foundation, programs across the country in NCTC’s Financial Aid U program have worked to host FAFSA preparation events and pass local resolutions and proclamations declaring February 6-12 “Financial Aid Awareness Week.”
Low-income students attend college at a rate 20-40% lower than their higher-income counterparts. With tuition rising higher and higher, the FAFSA has been shown to be a major barrier for low-income and first-generation students as they struggle to find a way to pay for college.
The Financial Aid U program aims to bring awareness to these facts and make the FAFSA process easier for these students. By passing local resolutions and hosting FAFSA preparation events, Financial Aid U will educate parents, students and policymakers on the challenges to financial aid that these students face and how we can make it better.
By Dan Fair, Manager of Communications & Member Relations