High-income students are the most likely to complete their FAFSA.
Reported by Higher Ed Dive, a new EAB survey shows that 80% of high school seniors have now completed the Free Application for Federal Student Aid (FAFSA). But of those 20% who haven’t, the share of those being low-income students is double that of high-income students.
The takeaway? While the FAFSA is designed to provide financial support and aid options for those students who need it the most, we don’t necessarily see that played out in the data. While some high schools have designed in-person filing sessions built into the high school year to increase completion rates, are there any other ways we can help support a 100% completion rate goal?
May you continue to fight the good enrollment growth fight at your institution today, and we’ll see you again tomorrow.
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