Colleges' No-Loan Aid Policies Aren't Easy to Uncover, Study Finds

The "no loan" financial-aid policies adopted by some elite colleges in recent years have been much debated in higher-education circles. A key question: Do the lower-income students and families who have the most to gain from such policies know they exist?

That question is explored in "Showing Them the Money: The Role of Institutional Financial Aid Policies and Communication Strategies in Attracting Low-Income Students," a