The report, based on data from the first National Postsecondary Student Aid Study (1986), describes the combinations of student aid awards or student aid "packages" received by federally-aided students to finance their educations in 1986-87. The narrative discussion presents the results in a question-and-answer format, including such…

Ways in which student financial aid programs affect the distribution of resources within postsecondary education are examined. Attention is directed to: (1) funding trends in the major federal student aid programs since 1970-1971; (2) the distribution of total Pell Grant resources among sectors and programs of different lengths, (3) the…