Anew data analysis from the Institute for Higher Education Policy found that most students have unmet need and experience gaps between what their families can pay and their college costs. Those gaps are significantly larger for students of color and low-income students compared to white students on average. The analysis, released on Wednesday, draws on data from the U.S. Department of Education’s 2019-20 National Postsecondary Student Aid Study. It found that 90 percent of students who received a Pell Grant, federal financial aid for low-income students, still have unmet need, compared to 56 percent of students who never received a Pell Grant.
