In the world of college financial aid, sometimes less is more. As in less money per distribution being more beneficial to students and colleges alike.
Incremental financial aid—distributing Pell grants and other assistance more like a paycheck than a windfall—has shown much promise during recent pilot programs.
- Schools report less fraud and waste and more efficiency
- Students report better money management that can lead to needing less money than originally expected
To learn more about how institutions are implementing multiple disbursements and initial reactions from administrators and students,
CLICK HERE to download a white paper. |
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“Spreading payments out may provide students a level of comfort in knowing that they will have more money coming during the semester, and also may help institutions head off bad debt issues.”
-Mary Johnson, Higher One's Director of Financial Literacy and Student Aid Policy
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