Private Sector Contributions to Student Aid

Grants, Personal and Family Contribution 4 Comments

We know the societal and personal benefits of postsecondary education, but private businesses and corporations also benefit from higher education training. Based on your experience, what are the best ways that the private business sector contribute to college affordability?

  • As a stakeholder in higher education, what role do you think private companies can have in financial aid?
  • Should they be taking a larger role in helping students pay for college? In what ways?
  • Should they help subsidize or repay student loans?

Reforming And/Or Reconfiguring Student Aid Programs

Campus-Based Programs, Grants, Loans, Simplification 20 Comments

During recent NCI Listening Sessions, some have suggested a reform and reconfiguration of the existing Title IV programs. Several of these ideas appear below. Please review these ideas, and then express your thoughts on the current structure of the Title IV programs, whether it should be changed, and if so, how it should be changed?

  • Some feel that the Title IV programs should be reformed to provide one grant, one loan, and one work assistance program. This would mean the elimination of the FSEOG and Perkins Loan programs, and possibly redirecting the funding to a larger Federal Pell Grant program. How do you feel about this idea?
  • Alternatively, some suggest the campus-based programs be modified to combine the monies and provide those funds to schools in a “block grant” to be used any way the school desires for student aid or student retention and/or graduation enhancement programs. Do you agree?
  • Those who argue against these consolidations of aid programs into single types or provision of block grants suggest it would result in a total loss of these federal appropriations or make them a juicer target in times of budget crises. What do you think of these arguments?