Average student debt in Utah continues to be lowest in nation
LendEdu recently released student loan debt statistics for the class of 2016, and Utah continues to have the lowest average student debt in the country at $18,810 (compared to the national average of $27,975). In fact, Utah was the only state in the nation with an average student debt load under $20,000. Utah also has the lowest… Continue Reading Average student debt in Utah continues to be lowest in nation
FAFSA completion in Utah up 39% over last year
According to a new analysis, completion of the 2017-18 Free Application for Federal Student Aid (FAFSA) by eligible high school seniors has jumped an incredible 39% over last year. Source: http://website.education.wisc.edu/nwhillman/index.php/2017/06/09/october-to-june-high-school-fafsa-filing/ On average, FAFSA completions are up 10% across the country. These substantial increases could be attributed to the earlier filing timeline of the FAFSA for… Continue Reading FAFSA completion in Utah up 39% over last year
Year-round Pell grants available July 1
The US Department of Education (ED) recently announced higher education institutions can begin to award year-round Pell grants for students starting July 1, 2017. Before these changes, students could only receive Pell grants for their fall and spring semesters. The change reinstates what was briefly implemented in 2009 but pulled back in 2012 due to… Continue Reading Year-round Pell grants available July 1
12 key takeaways from the NCES Condition of Education 2017 report
The National Center for Education Statistics recently published its annual report, The Condition of Education 2017, which showcases national trends in education using data from the 2014-15 academic year. Below are higher education highlights from the report: 1.) The more education earned, the higher the medial annual earnings. For young adults ages 25–34 who worked full… Continue Reading 12 key takeaways from the NCES Condition of Education 2017 report
New pilot program to raise awareness of student debt
The Utah System of Higher Education worked with the 2017 Utah Legislature to adopt a new statewide program aimed at increasing awareness of student debt. Even though Utah students comparatively accrue the least amount of debt in the country, more awareness of student debt is needed. Some background on student debt in Utah: Utah has… Continue Reading New pilot program to raise awareness of student debt
From degrees to staffing, higher ed in Utah is among the most cost-efficient in the nation
Cost and funding A combination of relatively low costs and low tuition rates make USHE institutions among the most efficient and affordable in the country. USHE’s four-year institutions have the the fourth-lowest tuition and fees in the U.S., and the average tuition funds per full-time equivalent (FTE) student at a USHE institution are 14% below… Continue Reading From degrees to staffing, higher ed in Utah is among the most cost-efficient in the nation
Starting Oct. 1, students can file their 2017-18 FAFSA
On Sept. 14, 2015, President Obama announced significant changes to the Free Application for Federal Student Aid (FAFSA) process that will impact millions of students. Starting with the 2017–18 FAFSA, the following changes will be in effect: Students will be able to submit their FAFSA as early as Oct. 1, 2016, rather than beginning on Jan. 1, 2017.… Continue Reading Starting Oct. 1, students can file their 2017-18 FAFSA
Gift aid a significant factor in assisting students towards degree completion
Scholarships and grants play a significant role in how students pay for college. 54% of USHE students who enrolled in both fall and spring semesters in 2014-15 received some form of gift aid, averaging $4,070.23 per student—roughly 75% of the average tuition and fees at institutions in the Utah System of Higher Education. “Gift aid” is funds… Continue Reading Gift aid a significant factor in assisting students towards degree completion
1 in 3 USHE students received a Pell Grant during the 2015-16 academic year
Pell Grants: An Overview The Federal Pell Grant Program provides need-based grants to low-income undergraduate and certain post-graduate students to promote access to higher education. A Pell Grant, unlike a loan, does not need to be repaid, and can be used at any one of approximately 5,400 participating postsecondary institutions nationwide. Grant amounts are dependent… Continue Reading 1 in 3 USHE students received a Pell Grant during the 2015-16 academic year
1 in 5 undergrads don’t apply for financial aid because they believe they won’t qualify or don’t need it
According to a new report from the National Center for Education Statistics (NCES), 1 in 5 college undergraduates don’t apply for financial aid because they believe they would not qualify, or they think they can afford school and don’t want debt. The NCES report was based on data from the 2011-12 National Postsecondary Student Aid Study (NPSAS),… Continue Reading 1 in 5 undergrads don’t apply for financial aid because they believe they won’t qualify or don’t need it