Expand Services to Address Financial Insecurity on Campus
More students in higher education are struggling with financial insecurity as tuition costs rise and institutions seek to recruit and retain a socioeconomically diverse student body. Financially insecure students cannot succeed academically or holistically if they are struggling to meet their basic needs. Expanding supports for financially insecure students should be a crucial priority for both senior student affairs officers and other senior campus leaders.
Educate stakeholders about student financial insecurity
Today, more than one-third of students on campus are struggling with food or housing insecurity. And student financial insecurity goes beyond access to basic needs like food and housing, students struggle to pay for their books, clothing, and more. As economic inequality continues to grow, student affairs leaders know they must do more to support financially insecure students. However, presidents, provosts, board members, and other senior campus leaders may be unaware of the challenges students face and how these challenges can impact their success.
Use EAB’s editable briefing slides to start a discussion on campus to educate campus leaders on trends and data about food and housing insecurity and other barriers facing students. Establish key terms and definitions, combat outdated stereotypes, explore the consequences for financially insecure students, and the impact on key institutional priorities.
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