Alabama’s high school graduating class of 2024 left $72 million in federal Pell Grants on the table, a report from the National College Attainment Network revealed. This is up from $60 million left behind by the class of 2023. The unclaimed federal aid could have long-term consequences for individuals and local economies. Nationally, unused Pell Grants totaled $4.4 billion, with Alabama’s increase being partly blamed on a troubled FAFSA rollout.
According to Alabama Commission for Higher Education Executive Director Jim Purcell, completing the FAFSA is crucial for unlocking Pell Grants and federal financial aid. Purcell emphasized the economic benefits of higher education levels for both individuals and communities. While State Superintendent Eric Mackey expressed optimism in recent fixes to the FAFSA system, he acknowledged that recent issues may have discouraged families from applying for aid.
Efforts to boost FAFSA completion rates in Alabama have been ongoing, with the state board making it a graduation requirement starting with the class of 2022. While students can opt out with a waiver, Purcell believes the requirement has had a positive impact, particularly for students who may not have considered higher education otherwise.
While recent data shows an increase in FAFSA completion rates in many school districts, concerns remain about cuts to federal student aid and a predicted shortfall in Pell Grant funding. Despite these challenges, education officials are hopeful that continued efforts to increase FAFSA completion rates will help more students access the financial aid they need for higher education.
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