The Student Aid Alliance is a collaboration of higher education, businesses, concerned nonprofits and student associations that supports increased funding for the State Need Grant program in the 2017 legislative session to serve more students who are eligible for the grant but do not receive it because of lack of funding. Unfortunately, since 2007, the program has been underfunded in the state budget to the point where last year more than 24,000 enrolled students (or about 25% of eligible students) did not receive a grant because of underfunding.
For those students with financial need, receiving a grant is often the difference between attending college, earning their degree, and achieving their dreams or dropping out of school. Eligible but unserved students:
- Have higher average debt loads than their served peers.
- Tend to take fewer credits, which slows their progress and reduces the chances of completion.