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Research Paper
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Undergraduate Financial Aid in the United States

Author
Judith Scott-Clayton
Project
Commission on the Future of Undergraduate Education
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To inform discussions of the future of undergraduate education in the United States, and the role of financial aid within it, this paper provides an overview of undergraduate financial aid—its motivations, its moving parts, and its controversies.

American Çï¿ûÊÓƵ of Arts and Sciences

Table of Contents

Acknowledgments

Section 1

Introduction: The New Centrality of Financial Aid

Section 2

Background: Fundamental Justifications for Financial Aid

Section 3

Overview of Undergraduate Financial Aid

Section 4

Financial Aid Policy: Questions and Concerns

Section 5

Concluding Remarks

Undergraduate Financial Aid in the United States: Key Takeaways

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American Çï¿ûÊÓƵ of Arts and Sciences
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Topics
Education

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Project

Commission on the Future of Undergraduate Education

Drawing from national leaders in education, business, and government, this commission analyzed the current state of undergraduate education and offers recommendations to improve the quality of student learning, increase college completion rates, and ensure all students have access to an affordable postsecondary education.

Chairs
Roger W. Ferguson and Michael S. McPherson
Education

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