COVID-19 and Its Impact
Lately, we’ve seen a lot of headlines about how COVID-19 has impacted the education landscape. But what about the students themselves? What are their biggest struggles during this crazy, challenging time? Are they worried, stressed, financially strained, or doing just fine? We were curious, so we asked.
Top Concerns for Students
In speaking with over 1,000 students, we learned a lot.
Here were our biggest takeaways.
Paying for College Was Already Hard.
Then COVID-19 Happened.
Here’s what we learned about students and
the financial burden of their education.
Things Are Changing.
And Not Always According to Plan.
Because of the pandemic, students’ plans are being disrupted in some major ways. Here’s what we learned.
Students Aren't Giving Up.
Survey was conducted between July 21-27, 2020 and received 1,045 respondents.
Financial Challenges Due to COVID-19 Pandemic
I lost my job(s)
One or more of my parents/guardians lost their jobs
I have increased medical costs
I am no longer able to pay my rest or mortgage
I am not able to pay for my food needs
How COVID-19 Impacted Plans for Fall 2020
I am waiting to hear what my school plans to do before I decide
I intend to stay closer to home
I am looking for a less expensive option
Additional Financial Stress
64% of students have increased need for financial aid
77% of students have reduced ability to earn income needed for education
96% have plans to stay in school
See How You Can Help
At Scholarship America, we have the programs and people.
Students have the drive and determination.
Now we need more partners to join us.
If you believe in students