Both of the candidates in North Carolina's closely watched U.S. Senate race say the federal government has a role in ensuring all students have access to higher education.
But Democrat Erskine Bowles and Republican Elizabeth Dole offer slightly different plans of action for funding.
Dole stated in an e-mail that if elected she will address the rising costs of higher education and simplify student and institutional aid programs. She also stated she will work for flexible federal funding for institutions as state budgets are cut.
Bowles spokeswoman Susan Lagana pointed to Bowles' work with the HOPE Scholarship tax credit in 1997 as a sign of his commitment to increasing funding for higher education.
The HOPE Scholarship, which is used in Georgia, grants financial assistance in degree, diploma and certificate programs at eligible Georgia public and private institutions.
Both Dole and Bowles have also expressed support for increasing Federal Pell Grant funding. The Pell Grant is the largest federally funded need-based financial aid program for college students. The grant is given to students with estimated family contributions of $3,800 or less.
Dole stated that funding bills for higher education are scheduled for renegotiation next year and that she would work to increase Pell Grant funding.
Lagana said Bowles would increase the number of students receiving Pell Grants.
The Pell Grant program offers aid to all students who qualify by contribution calculations and award different allowances based on family income level. Last year the federal government appropriated $1 billion in emergency funding to ensure all qualified students receive Pell Grants.