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News & Media

Small Grants, Big Impact

February 22, 2016

A small amount of financial aid, even $300, can go a long way toward helping a student graduate. Emergency aid or microgrants from colleges can be used to cover a last tuition bill or even to help pay for a financial emergency, like fixing a car or visiting a sick relative.  Microgrants aren’t new. But a growing number of colleges -- both community colleges and four-year institutions -- have data to prove that this form of institutional aid improves student retention and can even save a college money by preventing dropouts.

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