The report identifies 12 eligibility requirements for state financial aid, including restrictions based on program type, FAFSA completion, low-income thresholds, and standardized test scores. These criteria are seen as obstacles to college access for under-resourced students.
The emphasis on full-time student requirements is noted as a major barrier that particularly affects underprivileged populations such as parents, adults, low-income individuals, and first-generation students who may need to work while pursuing their education.
The report scrutinizes state financial aid programs in 10 states, comparing the extent to which they prioritize equity and inclusivity. States offering non-need, merit-based aid alongside need-based aid are criticized for potentially favoring well-off, high-achieving students over expanding overall college access.
The report stresses the importance of equitable access to state financial aid due to federal aid not keeping pace with college cost inflation. This emphasizes the need for state aid to bridge the financial gaps for students seeking higher education.
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