Low-Income Students: Who They Are and How They Pay for Their Education
Choy, Susan P.
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Students from low-income families typically need substantial financial assistance to be able to attend college. This report examines the characteristics of low-income undergraduates and how they pay for college. It begins with a profile of low-income students, comparing them with their not-low-income counterparts. Then, focusing on low-income students who attend full time, full year, it examines their financial need, describes the contribution of financial aid, and presents what is known about how they close the gap between what they have to pay and the amount of aid they receive. Finally, the report compares three-year persistence among low-income and not-low-income undergraduates.