Financial Aid for LMI Single Parent Families
Single mothers often spend over half of their income on housing expenses and a third on child care, leaving them with less money for educational expenses for themselves, and even less to save for their children’s college fund.
Solutions to the financial challenges facing single mothers are complex. Recent policy changes at the state and federal level are part of the solution, but more must be done to ensure that all single mothers can afford to send their children to college. Private organizations can also play a role by offering scholarships and other forms of assistance to help reduce the cost of higher education for these families. By working together, we can make sure that every child has an opportunity to pursue a college education.