Class of 2022 missed out on $3.6 billion in grants: Report

The Class of 2022 has been hit hard by the effects of the COVID-19 pandemic. The pandemic has caused massive economic disruption, leading to financial hardship for many families. Now, a new report has revealed that the Class of 2022 has missed out on a staggering $3.6 billion in grants.

The report, released by the National College Attainment Network, looked at the impact of the pandemic on college grants and scholarships. It found that the Class of 2022 has missed out on an average of $1,400 in grants and scholarships. This is a significant amount of money for many students, and it could mean the difference between attending college or not.

The report also found that the pandemic has had a disproportionate impact on low-income students. Low-income students are more likely to rely on grants and scholarships to pay for college, and the pandemic has made it more difficult for them to access these funds. The report estimates that low-income students have missed out on an average of $2,000 in grants and scholarships. This is a staggering amount of money that could have made a huge difference in their ability to attend college.

The report also found that the pandemic has had a negative impact on college enrollment, particularly among low-income students. The report estimates that college enrollment among low-income students has declined by nearly 8%. This is a significant decrease that could have long-term implications for college access and completion.

The report also highlights the need for more support for students and families during the pandemic. The report recommends that the government and other organizations provide additional funding for grants and scholarships, as well as other forms of financial aid. This could help mitigate the economic impact of the pandemic on college access and completion.

The Class of 2022 has been hit hard by the pandemic, and the report highlights the need for more support for students and families. The report estimates that the Class of 2022 has missed out on $3.6 billion in grants and scholarships, and this could have a significant impact on college access and completion. It is essential that the government and other organizations provide additional funding to ensure that students have access to the resources they need to attend and complete college.