New Campaign Aims to Help Florida Students Get “Cash for College” and Improve Their Outcomes Beyond High School
The Giving Coast
MONDAY MAY 17, 2021 |
SRQ DAILY MONDAY BUSINESS EDITION
The Florida College Access Network (FCAN) and its partners across the state launched the Cash for College campaign to promote FAFSA completion as a crucial step as students and their families make plans for education beyond high school. About 4 out of 5 students in Florida use some combination of federal, state, and school-based aid to pay for college, and the way to access that aid is by completing the FAFSA. Research shows that for every $1,000 in financial aid a student receives, persistence increases by 4 percentage points. The maximum Pell Grant — the primary source of federal aid for low- income college students — is currently $6,345 for the 2020-21 award year and is scheduled to increase by $150, to $6,495, for 2021-22.
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