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About 60% of our state university students graduate within six years. Yet that rate drops to less than 48% for Hispanic students, 43% for African American students, and 31% for Native American students. Students receiving Pell grants have graduation rates 21 percentage points lower than students who are not Pell-eligible.
The primary rule change is designating a CISO or a qualified individual responsible for protecting customer information or studentfinancialaid data. Institutions must annually vet employees granted access to information and ensure more people haven’t been granted access. They can also contract with third parties.
While it does not appear that studentfinancialaid will be affected in the short term, all federal grants and contracts are certainly up in the air even though some of them enjoy legal protections. The higher education field still bears scars from the pandemic, and one key one is the need for financial liquidity.
In grants to K12, the departments spending totaled more than $150 billion in FY2024, according to its annual financial report. However, President Donald Trump has already scrapped about $900 million in IES contracts, some of which cover multiple years. Its student loan portfolio stood at $1.47 million people Grants: $33.9
(LATEST UPDATE: March 12) Student loans and Pell Grants are safe, but this week’s mass firings at the Department of Education represent the “first step” of President Donald Trump’s plan to shut down the agency, Secretary of Education Linda McMahon says. ” (LAST UPDATE: Feb.
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