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ERIC Number: ED388149
Record Type: Non-Journal
Publication Date: 1995-Sep
Pages: 14
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
Trends in Student Aid: 1985 to 1995.
King, Jacqueline
This report provides statistics on college student aid in the 1980s and 1990s based on a data series begun by the College Board over 10 years ago. The data represent virtually all federal aid and most state and institutional assistance available to students in postsecondary education. The report also uses data on changes in the cost of attending college and in family incomes to put student aid trends in context. Figures and tables present data on aid awarded; aid by source; costs; number of recipients and aid per recipient; loans and their amounts; percentage distribution from various programs; grants, loans, and work as percentage of total aid; and Pell Grant awards. Highlights include: (1) total available aid in 1994-95 was $46.8 billion; (2) the federal government provided 75 percent of available student aid in 1994-95 (vs. 80 percent 10 years ago); (3) the largest single source of aid in 1994-95 was federal loans which provided $26 billion in 7.7 million loans; (4) loans are administered through two major programs, the Federal Family Education Loan Program and the Ford Direct Student Loan Program; (5) The Ford program was created in 1993, and began disbursing loans in 1994-95 directly from the United States Treasury. Appendixes contain tables showing aid awarded in current dollars and constant dollars from 1963-64 through 1984-85. (JB)
College Board Publications, Box 886, New York, NY 10101-0886 ($9).
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: College Board, Washington, DC. Washington Office.
Identifiers - Laws, Policies, & Programs: Family Education Loan Program; Pell Grant Program
Grant or Contract Numbers: N/A
Author Affiliations: N/A