Financial Aid Front-loading Amounts to Bait and Switch

Practice can raise debt loads, experts say

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Dalia Garcia breathed a sigh of relief when she got news that she’d been given enough financial aid to nearly cover the cost of tuition for her first year at California State Polytechnic University at Pomona.

Because her father earned less than $20,000 a year as a janitor, college would have been out of reach without the help. It meant “having a sense of security,” she recalled. And as a high school valedictorian with a high grade-point average, Garcia soon added several scholarships to her bounty, which – having grown up thrifty – she managed to stretch into her sophomore year.

Then the money stopped.

Read more at the Hechinger Report.