Even modest financial hardships can often derail students who are nearing graduation. That’s why some colleges give small awards known as completion grants to low-income students who are well on their way to earning a degree. A just-in-time grant of even a few hundred dollars can keep many recipients from dropping out, according to a report released on Monday by the Coalition of Urban-Serving Universities and the Association of Public and Land-Grant Universities. The report, “Foiling the Dropout Trap,” describes how 10 colleges are using similar aid strategies to help students overcome financial shortfalls and stay enrolled.
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