Cost-of-Living Adjustment Could Increase Aid to a Small Percentage of Students in High-Cost Areas but Could Also Further Complicate Aid Process

Scott, George A.
August 2009
GAO Reports;8/14/2009, preceding p1
Government Documents
The article focuses on the capacity federal financial aid formula appropriation in terms of geographic cost-of-living differences in the U.S. It examines the effect of the federal financial aid formula on students in different geographic areas. It also explores the alternatives in altering the formula used to reflect geographic cost-of-living differences. Moreover, presents the potential impact of cost-of-living adjustment (COLA) to the formula.


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