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Report: Students Leave $3.6 Billion on the Table in Unclaimed Pell Funds
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The college affordability crisis has students working and borrowing all that they can in order to manage the cost of school. But a new report from the National College Attainment Network (NCAN) shows that the high school class of 2022 left an estimated $3.58 billion on the table last year in the form of unclaimed Pell Grant funds—around 14% of annual Pell expenditures. That unclaimed money leads directly to fewer students attending and completing college. Bill DeBaun, senior director of data and strategic initiatives at the NCAN“The Pell dollars on the table data show that there’s a lot of slack...
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