Student Financial Aid Transparency: Examining University Practices
This act aims to investigate whether higher education institutions reduce financial aid for students after their first year of study. The study's findings will help understand how such practices affect continued enrollment, student debt, and graduation rates, potentially leading to legislative changes to protect students.
Key points
Mandates a study on the practice of universities reducing financial aid for students after their first year.
Assesses the impact of reduced aid on student debt, retention, and graduation rates.
Develops legislative recommendations to address the issue of uneven financial aid.
Expired
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