News

The Misinformation About Financial Aid

by Dina M. Horwedel , August 24, 2006

zarate
Dr. Estela Zarate, Research Director, The Thomas Rivera Policy Institute

TRPI’s study concludes that Hispanic youth could be motivated not only by the economic benefits of a college education, but also by its intangible perks, including increased social status.

Financial aid experts say that for all students, especially those who are the first in their family to attend college, college planning should start sooner rather than later. The challenge is getting students and parents to think about college at all.

According to the TRPI study, Hispanic students often take the lead role in applying for financial aid, which is contrary to the general impression that parents lead the search for funding. Zarate says financial aid applications should account for that reality when they disseminate information.



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