Treffer: Financial Aid Offers: Action Needed to Improve Information on College Costs and Student Aid. Report to the Republican Leader, Committee on Education and Labor, House of Representatives. GAO-23-104708

Title:
Financial Aid Offers: Action Needed to Improve Information on College Costs and Student Aid. Report to the Republican Leader, Committee on Education and Labor, House of Representatives. GAO-23-104708
Language:
English
Source:
US Government Accountability Office. 2022.
Availability:
US Government Accountability Office. 441 G Street NW, Washington, DC 20548. Tel: 202-512-6000; Web site: http://www.gao.gov
Peer Reviewed:
N
Page Count:
46
Publication Date:
2022
Intended Audience:
Policymakers
Document Type:
Report Reports - Research<br />Legal/Legislative/Regulatory Materials
Education Level:
Higher Education
Postsecondary Education
Laws, Policies and Program Identifiers:
Entry Date:
2023
Accession Number:
ED628355
Database:
ERIC

Weitere Informationen

The Department of Education disbursed nearly $112 billion in financial aid to students through various grant and loan programs in fiscal year 2021. Colleges generally provide students information about the aid for which they are eligible in financial aid offers. Students use these offers to make key decisions, including which college to attend and how to finance their education. The US Government Accountability Office (GAO) was asked to review the information in college financial aid offers. This report examines the extent to which colleges are: (1) following best practices to provide clear and standard information about college costs and student aid in their financial aid offers; and (2) required to provide this information to help students make educated financial decisions.

ERIC