The Advisory Committee on Student Finance is required to report and monitor the condition of college access for low and moderate income families to Congress. A part of this report is the adequacy of grant aids for those students and their effectiveness.
â€œThe Rising Price of Inequality: How Inadequate Grant Aid Limits College Access and Persistenceâ€. (2010). Advisory Committee on Student Financial Assistance. Retrieved August 3, 2010 from: http://nces.ed.gov/pubs2010/2010015.pdf