How to support students’ financial needs throughout the college journey

In a recent roundtable, Supporting Students Financially Across the Student Lifecycle, EAB experts covered a key component in students’ initial college choice and likelihood of success: cost. Now more than ever, university leaders must consider how to provide adequate financial support not only at enrollment, but across the entire student lifecycle.

The roundtable discussed the cause for the large financial gaps students are facing, best practices and tactics your institution can use to better communicate with students, and some key financial drivers of attrition. Explore the takeaways below or view the next steps.

Review the key takeaways

Identify why students need our support

Understand the changes in trends related to student debt over time as well as the priorities in student decision making about affordability during the enrollment process.

Communicate affordability

Think critically about how we communicate the affordability of a college education. Reflect on how we can be more effective in how we communicate aid to ensure students and their families understand the total cost of college.

Address basic student needs

Best practices for institutions to address students’ basic needs financially by connecting them with both campus and community resources.

Minimize financial attrition

Think critically about how we can proactively help students minimize the amount of student debt they take on to complete their degree through microgrants and self-service tools for students during the financial aid process.