"An unexpected expense is one of the most common reasons students stop out of college. Research has showed that emergency aid—a timely grant that helps students cover unexpected costs—can greatly improve the odds that they stay enrolled and complete a degree or credential," Inside Higher Ed reports.

... "The report found that the share of institutions offering emergency aid has increased over the same period. According to survey research from the National Association of Student Financial Aid Administrators, the percentage of member institutions operating an emergency aid program rose from 35 percent in 2020 to 52 percent in 2025."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 7/28/2026