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Author(s):Dynarski, S.M. and Scott-Clayton, J
Title:College grants on a postcard: A proposal for simple and predictable federal student aid
Source:http://www1.hamiltonproject.org/views/papers/20...
Date:2007
Organization:Brookings Institution
Short Description:This paper proposes a radical simplification of the current federal financial aid system of grants and tax incentives.
Annotation:This paper proposes a radical simplification of the current federal financial aid system of grants and tax incentives. It combines Pell Grants and the Hope and Lifetime Learning tax credits for undergraduates into a single grant that would be administered through the Department of Education, using information already collected by the Internal Revenue Service. Eligibility would be simple to determine, allowing students and families to anticipate the grants years before the college decision.
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Associated Keywords:
Affordability, Tuition and College Costs
College Access
Documents
Financial Aid
Low-Income Students
Need-based Aid
Pell Grants

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