The Bill & Melinda Gates Foundation has announced the recipients of grants meant to spark innovative financial-aid policies. As part of the Reimagining Aid Design and Delivery project, 14 organizations will receive a total of $3.3-million in grants to offer recommendations for improving the financial-aid system. Each organization will publish a white paper offering “an original perspective” early next year, according to a news release.
The organizations include the Association of Public and Land-Grant Universities, Excelencia in Education, the National Association of Student Financial Aid Administrators, the National College Access Network, and the New American Foundation.
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