An Overview of State Financial Aid in Illinois, Indiana, and Minnesota
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| Title: | An Overview of State Financial Aid in Illinois, Indiana, and Minnesota |
|---|---|
| Language: | English |
| Authors: | Victoria Jackson, EdTrust |
| Source: | EdTrust. 2025. |
| Availability: | EdTrust. 1250 H Street NW Suite 700, Washington, DC 20005. Tel: 202-293-1217; Fax: 202-293-2605; Web site: https://edtrust.org/ |
| Peer Reviewed: | N |
| Page Count: | 40 |
| Publication Date: | 2025 |
| Intended Audience: | Policymakers |
| Document Type: | Reports - Research |
| Education Level: | Higher Education Postsecondary Education |
| Descriptors: | State Aid, Higher Education, Paying for College, Tuition, Student Financial Aid, Access to Education, Politics of Education, Federal Legislation, Grants, Financial Support, Program Effectiveness, State Programs |
| Geographic Terms: | Illinois, Indiana, Minnesota |
| Abstract: | Financial?aid?is crucial for?making?higher?education?accessible?to?students. As tuition and attendance costs have surged over the past several decades, students?and families have shouldered more of the financial burden and increasingly rely on aid to afford higher education. Without it, many students from low-income backgrounds would be unable to pursue and complete a college degree. Unfortunately, federal financial aid has not kept pace with rising college costs. With federal support shrinking, the role of states in providing financial aid and ensuring postsecondary access and affordability has become more vital than ever. The eligibility requirements set by state policymakers for financial aid determine which residents can access higher education. In this report, researchers at EdTrust use a student-centered framework to review the financial aid programs in Illinois, Indiana, and Minnesota, assessing their effectiveness for recent high school graduates. The analysis focuses on how these states distribute financial aid across need-based, merit-based, and combination aid programs. It also highlights state policies that encourage and support high school juniors and seniors in pursuing higher education. Illinois, Indiana, and Minnesota are selected for their Midwest location and their financial aid programs and policies that promote college attendance. The report provides recommendations that state policymakers can use to design their financial aid systems to make college more affordable. |
| Abstractor: | ERIC |
| Entry Date: | 2026 |
| Accession Number: | ED678857 |
| Database: | ERIC |
| FullText | Text: Availability: 0 CustomLinks: – Url: https://eric.ed.gov/contentdelivery/servlet/ERICServlet?accno=ED678857 Name: ERIC Full Text Category: fullText Text: Full Text from ERIC |
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| Header | DbId: eric DbLabel: ERIC An: ED678857 AccessLevel: 3 PubType: Report PubTypeId: report PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: An Overview of State Financial Aid in Illinois, Indiana, and Minnesota – Name: Language Label: Language Group: Lang Data: English – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Victoria+Jackson%22">Victoria Jackson</searchLink><br /><searchLink fieldCode="AR" term="%22EdTrust%22">EdTrust</searchLink> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="SO" term="%22EdTrust%22"><i>EdTrust</i></searchLink>. 2025. – Name: Avail Label: Availability Group: Avail Data: EdTrust. 1250 H Street NW Suite 700, Washington, DC 20005. Tel: 202-293-1217; Fax: 202-293-2605; Web site: https://edtrust.org/ – Name: PeerReviewed Label: Peer Reviewed Group: SrcInfo Data: N – Name: Pages Label: Page Count Group: Src Data: 40 – Name: DatePubCY Label: Publication Date Group: Date Data: 2025 – Name: Audience Label: Intended Audience Group: Audnce Data: Policymakers – Name: TypeDocument Label: Document Type Group: TypDoc Data: Reports - Research – Name: Audience Label: Education Level Group: Audnce Data: <searchLink fieldCode="EL" term="%22Higher+Education%22">Higher Education</searchLink><br /><searchLink fieldCode="EL" term="%22Postsecondary+Education%22">Postsecondary Education</searchLink> – Name: Subject Label: Descriptors Group: Su Data: <searchLink fieldCode="DE" term="%22State+Aid%22">State Aid</searchLink><br /><searchLink fieldCode="DE" term="%22Higher+Education%22">Higher Education</searchLink><br /><searchLink fieldCode="DE" term="%22Paying+for+College%22">Paying for College</searchLink><br /><searchLink fieldCode="DE" term="%22Tuition%22">Tuition</searchLink><br /><searchLink fieldCode="DE" term="%22Student+Financial+Aid%22">Student Financial Aid</searchLink><br /><searchLink fieldCode="DE" term="%22Access+to+Education%22">Access to Education</searchLink><br /><searchLink fieldCode="DE" term="%22Politics+of+Education%22">Politics of Education</searchLink><br /><searchLink fieldCode="DE" term="%22Federal+Legislation%22">Federal Legislation</searchLink><br /><searchLink fieldCode="DE" term="%22Grants%22">Grants</searchLink><br /><searchLink fieldCode="DE" term="%22Financial+Support%22">Financial Support</searchLink><br /><searchLink fieldCode="DE" term="%22Program+Effectiveness%22">Program Effectiveness</searchLink><br /><searchLink fieldCode="DE" term="%22State+Programs%22">State Programs</searchLink> – Name: Subject Label: Geographic Terms Group: Su Data: <searchLink fieldCode="DE" term="%22Illinois%22">Illinois</searchLink><br /><searchLink fieldCode="DE" term="%22Indiana%22">Indiana</searchLink><br /><searchLink fieldCode="DE" term="%22Minnesota%22">Minnesota</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: Financial?aid?is crucial for?making?higher?education?accessible?to?students. As tuition and attendance costs have surged over the past several decades, students?and families have shouldered more of the financial burden and increasingly rely on aid to afford higher education. Without it, many students from low-income backgrounds would be unable to pursue and complete a college degree. Unfortunately, federal financial aid has not kept pace with rising college costs. With federal support shrinking, the role of states in providing financial aid and ensuring postsecondary access and affordability has become more vital than ever. The eligibility requirements set by state policymakers for financial aid determine which residents can access higher education. In this report, researchers at EdTrust use a student-centered framework to review the financial aid programs in Illinois, Indiana, and Minnesota, assessing their effectiveness for recent high school graduates. The analysis focuses on how these states distribute financial aid across need-based, merit-based, and combination aid programs. It also highlights state policies that encourage and support high school juniors and seniors in pursuing higher education. Illinois, Indiana, and Minnesota are selected for their Midwest location and their financial aid programs and policies that promote college attendance. The report provides recommendations that state policymakers can use to design their financial aid systems to make college more affordable. – Name: AbstractInfo Label: Abstractor Group: Ab Data: ERIC – Name: DateEntry Label: Entry Date Group: Date Data: 2026 – Name: AN Label: Accession Number Group: ID Data: ED678857 |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=eric&AN=ED678857 |
| RecordInfo | BibRecord: BibEntity: Languages: – Text: English PhysicalDescription: Pagination: PageCount: 40 Subjects: – SubjectFull: State Aid Type: general – SubjectFull: Higher Education Type: general – SubjectFull: Paying for College Type: general – SubjectFull: Tuition Type: general – SubjectFull: Student Financial Aid Type: general – SubjectFull: Access to Education Type: general – SubjectFull: Politics of Education Type: general – SubjectFull: Federal Legislation Type: general – SubjectFull: Grants Type: general – SubjectFull: Financial Support Type: general – SubjectFull: Program Effectiveness Type: general – SubjectFull: State Programs Type: general – SubjectFull: Illinois Type: general – SubjectFull: Indiana Type: general – SubjectFull: Minnesota Type: general Titles: – TitleFull: An Overview of State Financial Aid in Illinois, Indiana, and Minnesota Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: EdTrust – PersonEntity: Name: NameFull: Victoria Jackson IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 10 Type: published Y: 2025 Titles: – TitleFull: EdTrust Type: main |
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