We support simplifying the federal student aid program and encouraging incentive-driven approaches to create funding streams from state as well as federal governments that result in better outcomes for the vast majority of students. We believe making modifications to current institutional financing and student financial aid systems is an effective lever for driving student and institutional progress toward improved enrollment, completion, and loan repayment.
The primary focus of our work is to help build a financial aid system that directly supports and increases access to postsecondary opportunities, while providing the right incentives for students and colleges to ensure that more students complete a postsecondary credential. We provide supports to colleges and universities on how they make decisions on aid packaging, as well as helping them improve funding streams to create more access to higher education, particularly for low-income and first-generation students, students of color, and working adults.
There is a growing consensus that we need to fix FAFSA in order to help more to make the financial aid application process simpler, more transparent, and better timed for students and their families. In addition, the Reimagining Aid Design and Delivery (RADD) program continues its work to improve the federal financial aid system.
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To overcome the numerous hurdles in the current federal financial aid system, we have introduced a program called Reimagining Aid Design and Delivery (RADD). RADD brings together 16 organizations to determine how to structure financial aid in a way that makes college more affordable and gives students the support and encouragement they need to earn their degree or credential.
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