Nationally, nearly 3 million students leave college annually because of small, emergency expenses they can’t meet.* “Students pursuing a college degree are sometimes derailed by a temporary financial emergency, such as the loss of a job or an unexpected increase in rent, which may cause them to leave school without earning a credential. For students who have few resources to fall back on, not having the money to fill up the gas tank or replace a stolen bicycle can mean the difference between getting to class and dropping out."
To help move the state toward meeting the goals of the higher education plan, 60x30TX, Texas is primed for understanding the benefits and impact emergency aid programs have on student persistence and completion. The Texas Emergency Aid Network (EA Net) is currently identifying strategies and best practices that help promote policies and processes for effective emergency aid and financial literacy programs in Texas.
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