Financial aid programs logically set their sights on low-income students
October 16, 2007
Less than 33% of 19-year-olds from low-income families went to university in 2003, compared to 50% of those from high-income backgrounds. Increasingly, grants are being targeted toward low-income students, to realize potential that would otherwise sit untapped. $83 million in government and scholarship foundation funding is earmarked for low-income students. Besides lack of money, low-income students are also discouraged by flawed information, poor preparation, and low PSE-expectations from their advisors.