During this briefing, the Commission examined the extent to which financial aid funding and awards under the Higher Education Act of 1964 (HEA) and the Higher Education Opportunity Act of 2008 (HEOA) affect enrollment rates of students of color in colleges and universities awarding bachelors’ degrees. The Commission sought to determine if the campus-based aid program formulas and funding levels created or exacerbated racial, ethnic, or national origin disparities in enrollment rates.