20 Million Students Apply for Financial Aid Every Year. Here's Why Some of the Neediest Lose Out

November 30, 2017

While about a third of all people who fill out the financial aid application have historically been selected to go through verification, more than 90% of those audits affect the poorest applicants—those who have finances that would qualify them for a Pell grant, federal aid for low-income students, according to the National College Access Network.

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