Disproportionate Burden: Estimating the Cost of FAFSA Verification for Public Colleges and Universities

dc.contributor.authorGuzman-Alvarez, Albertoen
dc.contributor.authorPage, Lindsay C.en
dc.date.accessed2020-09-09en
dc.date.accessioned2020-10-14T20:07:48Zen
dc.date.available2020-10-14T20:07:48Zen
dc.date.issued2020-08-01en
dc.description.abstractVerification is a federally mandated process that requires selected students to further attest that the information reported on their FAFSA is accurate and complete. In this brief, we estimate institutional costs of administering the FAFSA verification mandate and consider variation in costs by institution type and sector. Using data from 2014, we estimate that compliance costs to institutions in that year totaled nearly $500 million with the burden falling disproportionately on public institutions and community colleges, in particular. Specifically, we estimate that 22% of an average community college’s financial aid office operating budget is devoted to verification procedures, compared to 15% at public four-year institutions. Our analysis is timely, given that rates of FAFSA verification have increased in recent years.en
dc.description.sponsorshipAnnenberg Institute at Brown Universityen
dc.format.mimetypeapplication/pdfen
dc.identifier.sourceurlhttps://edworkingpapers.com/sites/default/files/ai20-278.pdfen
dc.identifier.urihttp://hdl.handle.net/10919/100562en
dc.language.isoenen
dc.publisherAnnenberg Institute at Brown Universityen
dc.relation.ispartofseriesEdWorkingPaper; 20-278en
dc.rightsCreative Commons Attribution-NonCommercial-NoDerivs 3.0en
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/en
dc.subjectFAFSAen
dc.subjectstudent financial aiden
dc.subjectcommunity collegesen
dc.titleDisproportionate Burden: Estimating the Cost of FAFSA Verification for Public Colleges and Universitiesen
dc.typeArticleen
dc.type.dcmitypeTexten
dc.type.dcmitypeStillImageen
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