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Inflation and geopolitical disruptions caused endowment returns to fall by 8% in fiscal year 2022, according to an annual study released last week by the National Association of College and University Business Officers (NACUBO) and the Teachers Insurance and Annuity Association of America (TIAA). on average.
percent decline from the record high reported in 2022, it demonstrates continued significant philanthropic support to the important higher education sector. CASE reported that the number of gifts totaling $100 million or more was higher than in 2022, the year institutions raised the most from gifts. Giving to U.S. of total support.
The average return for all college endowments in fiscal 2022 was negative 8 percent, falling far short of the 30.6 NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on studentfinancialaid.
FAFSA and beyond: How advisers manage their administrative burden in the financialaid process. Journal of StudentFinancialAid, 51 (2), Article 2. College costs, financialaid, and student decisions. The effects of losing postsecondary student grant aid: Results from a systematic review.
Iné Collins has been a school counselor at Ewing High School in New Jersey since August 2022. This year, helping her high school seniors through the newly simplified FAFSA application process has been more stressful than simple. Iné Collins, school counselor at Ewing High School in New Jersey.
State higher education finance: FY 2022. Journal of StudentFinancialAid, 48 (3), Article 4. FAFSA and beyond: How advisers manage their administrative burden in the financialaid process. Journal of StudentFinancialAid, 51 (2), Article 2. Educational Researcher. link ) Ortagus, J.
Our students take classes year-round, and I am offering the class in a condensed five-week format this summer to best meet the needs of our students. The last three times that I taught the course ( spring 2022 , spring 2020 , and fall 2017 ), I shared my reading list for the class on this blog. 2022, August 15).
“It is important to us that financialaid and finances are not what people are thinking about and worrying about through their college experience,” Runiewicz says. Only 25 percent of students at two-year universities have used their financialaid offices, and 14 percent have used other institutional resources.
Title: National StudentAid Profile: Overview of 2022 Federal Programs Source: NASFAA Federal financialaid programs play a critical role for students as college costs continue to rise.
The decision drew dissent from CSU’s faculty union and students who are already struggling with their current expenses, but university officials defended the decision, stating that the tuition raise will help CSU continue supporting studentfinancialaid and academic success programs.
The institutions lost 13 percent of their employees nationally from January 2020 to April 2022, according to an estimate from EAB, a higher education consulting firm. The turnover rate at Pikes Peak State College, for example, nearly doubled between fiscal years 2021 and 2022, from 11 percent to 21 percent.
“You see these headlines of college prices skyrocketing, that sort of thing, you know, it sends a message to low-income families that college is unaffordable,” said Jill Desjean, senior policy analyst for the National Association of StudentFinancialAid Administrators, according to The Hill.
Federal StudentAid discovered five law schools that improperly disbursed $2.9 million of ineligible federal financialaid funds to 92 students between 2017 and 2022. ” Moreover, New England Law-Boston simply states the ABA accredits them. On the other hand, New York Law School states its J.D.
State higher education finance: FY 2022. Journal of StudentFinancialAid, 48(3), Article 4. FAFSA and beyond: How advisers manage their administrative burden in the financialaid process. Journal of StudentFinancialAid, 51(2), Article 2. Educational Researcher. link ) Kunkle, K., &
He has served as the college’s interim president since January 2022. In the 18 short months that Lynch led CSI, he has championed diversity, equity and inclusion and increased the institution’s financial health. Lynch as the College of Staten Island’s permanent president. The board grants him stay beginning July 1.
January 25, 2022, by Don Hossler Philip Kotler, considered by many higher education professionals to be the Godfather of modern university admissions marketing, urged professionals in the field to consider the 4P’s when putting together a recruitment marketing plan. The 4P’s stand for: Product Place Price Promotion.
In the United States, President Joe Biden has introduced two major plans for student debt forgiveness. His latest proposal includes forgiving $10,000 in federal student loans for most borrowers and up to $20,000 for lower-income debtors ( Rios-Jara, 2022 ). i] Rios-Jara, H. Eder-Ramsauer, S. Knott and M. Prentoulis, Nomos.
“Today’s data shows the powerful impact that need-based grant aid—even a small amount—can have for students on the brink of a financial emergency,” said Justin Draeger , CEO and president of the National Association of StudentFinancialAid Administrators.
Reports for 2022 have not been filed yet, so this year’s annual report is based on 2021 data. The department used the 2021 reports and 2022 spending to estimate the overall impact of HEERF funds during the Biden administration and the estimate of how many students have received direct financialaid, according to a news release.
Likewise, the percent of endowments that factor ESG investing and other socially or environmentally conscious portfolio strategies have declined since fiscal year 2022. More from UB: Direct college placement boosts student success, lowers cost Will the endowment tax hamper institutions from helping students?
The Winter 2023-24 collection includes the following survey data: Graduation Rates for selected cohorts; Outcome Measures for cohort year 2015-16; StudentFinancialAid, academic year 2022-23; and Admissions, Fall 2023. Winter 2023-24 Data Released NCES has released provisional data from the Winter 2023-24 collection.
May 31, 2022, by Don Hossler – Setting a Context for Recruiting International Graduate Students. There is a dearth of research on the factors that influence international graduate students to select the graduate program in which s/he will enroll.
2022) Bankers in the Ivory Tower: The Troubling Rise of Financiers in US Higher Education. Mandery, Evan (2022). The Last Professors: The Corporate University and the Fate of the Humanities. Dorn, Charles. 2017) For the Common Good: A New History of Higher Education in America Cornell University Press. Eaton, Charlie.
Those figures are significantly lower than FY2022when the Biden administration expanded student loan forgiveness programs. During that period, net cost operations for 2022 reached nearly $600 billion, falling sharply in FY2023 after the courts struck down many of those initiatives. Its student loan portfolio stood at $1.47
Blog: Higher Ed Policy Last week, I wrote about the 2022 year-end omnibus bill and connected with Rebecca Natow on Twitter. From the enormous federal studentfinancialaid programs to enforcing civil rights, federal policy is prevalent in numerous aspects of college and university operations.
” Institutions will need to seek more partners in the private philanthropic space to help support studentfinancialaid, and income-based loans are one way to maximize their contributions, according to these nonprofit leaders. Repayments from successful students are recycled to support the program in perpetuity.
Washington Update Key Discussion Points: Higher Education Act 2019 Changes : Emphasis on the need for a comprehensive review of the act, touching on Title II (teacher education), Title IV (federal studentfinancialaid), and Title IX (campus security).
In fiscal year 2024, the Education Department spent about $161 billion -- 60% of its $268 billion budget -- to fund its office of Federal StudentAid , the countrys largest provider of studentfinancialaid.
But that plan was thwarted after a California judge, in 2022, found Zovio liable for blatant deceptions of Ashford students and imposed $22 million in penalties. By law, the California judgment should compel the Department of Education to terminate federal aid to the school.
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