A recent survey conducted by Ellucian in partnership with EMI Research Solutions reveals significant financial stress among college students. The study surveyed 1,500 students across the U.S. and found that 59% of students considered dropping out due to financial stress, with 78% reporting negative impacts on mental health. Financial uncertainty was cited as the leading cause of dropout, with 19% of students having already dropped out. The survey also highlighted that 61% of students reported financial stress negatively impacting their academic performance, and 57% had to choose between college expenses and basic needs like food and clothing. Additionally, only 21% of students were incredibly confident they understood the details of their financial aid offer letter. The findings underscore the critical role of financial aid in students’ college enrollment decisions and the need for institutions to provide better support and resources to manage financial stress and improve retention rates.