The higher education community is committed to providing students financial aid information that is clear, accurate, and transparent about the cost of college. This goal has never been more important as students and families grapple with college affordability in an increasingly complex financial aid system consisting of multiple grant and loan programs with different eligibility requirements.
In fall of 2022, the leaders of 10 higher education associations representing college presidents, financial aid offices, and admissions and school counselors announced the formation of a task force — the "College Cost Transparency Initiative" (CCT) — to tackle that issue by improving the clarity, accuracy, and consistency of student financial aid offers by producing a set of guiding principles and minimal standards to be used when developing aid offers.
Is the McNair Stipend Treated As Other Financial Assistance? (Award Year: 2024-25)
Which Award Year FAFSA and SAI Do We Use in This Summer Trailer Scenario? (Award Year: 2024-25)
Can We Use the Previous Award Year SAI If Our Summer Term Starts After July 1? (Award Year: 2024-25)
Is Institutional Aid Considered Other Financial Assistance? (Award Year: 2024-25)
Is a Combination Scholarship/Stipend Treated as Other Financial Assistance? (Award Year: 2024-25)
Are Non-Cash Gifts Considered Other Financial Assistance? (Award Year: 2024-25)
Are Gift Cards In Any Amount Considered Other Financial Assistance (OFA)? (Award Year: 2024-25)
Is a Student Eligible For Federal Student Aid For Late Start Courses? (Award Year: 2024-25)
How Much Extra Can We Award a Student Under Year-Round Pell Grant Rules? (Award Year: 2024-25)
Is the Fry Scholarship Considered Other Financial Assistance? (Award Year: 2024-25)
How Do You Handle Census Dates and the Return Of Title IV Funds? (Award Year: 2024-25)
How Are Resident Assistant (RA) Positions Treated For Title IV Purposes? (Award Year: 2024-25)
Are ROTC Benefits Considered Other Financial Assistance? (Award Year: 2024-25)
Does Year-Round Pell Apply To Clock-Hour Programs? (Award Year: 2024-25)
Does a Negative Student Aid Index Impact Non-Need-Based Aid Calculations? (Award Year: 2024-25)
Does a Student Have to be Enrolled to Receive Other Financial Assistance? (Award Year: 2024-25)
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