Prospective students from low-income backgrounds need information on financial aid at a younger age, and an easier way to get access to that money when they need it for college. That's the perspective guiding a set of proposals for simplifying the financial-aid system that was released by the College Board on Wednesday.
The proposals appear in a new paper, "Back to Basics: Simplifying the Financial Aid Process to Increase Access & Success," written for the second phase of the Bill & Melinda Gates Foundation's Reimagining Aid Design and Delivery project. The College Board is part of the project's consortiumworking on simplification and transparency.
Read more at The Chronicle of Higher Education: http://chronicle.com/article/College-Board-Offers-Proposals/144983