Minimize Financial Attrition
Financial factors are often a key player in students’ success in college. Currently only 26% of students from the bottom quartile of income who begin post-secondary education exit with a bachelor’s degree within six years, compared with 59% of students from the top quartile. Colleges and universities have both a moral and financial imperative to do everything in their power to ensure finances aren’t the primary cause of attrition for most students. Read on to learn how.
Identify students at risk of financial attrition
EAB analysis shows that low income status is not necessarily the best indicator that a student is at risk of financial attrition. Due to the way aid is packaged, it’s possible that some students just above the Pell cutoff may have larger “gaps” than Pell-eligible students. As a result, some progressive institutions have adopted a more robust methodology for identifying at-risk students.
Read our insight to understand the perspective and challenges of a Pell Grant recipient.
This resource requires EAB partnership access to view.
Access the roadmap
Learn how you can get access to this resource as well as hands-on support from our experts through Strategic Advisory Services.
Learn More