Research Report
Improve Institutional Support to Reduce Students’ Financial Stress
74%
of students cannot afford common “extras,” such as unpaid internships
Colleges and universities historically have paid full or near-full tuition and board for academically successful students from low-income backgrounds. However, in recent years, financial insecurity has increasingly taken on new forms, from basic needs to affording the college experience. Financial stress in college students has increased as more and more students struggle to pay their tuition, with an average unmet need of nearly $10,000 regardless of income level.
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