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National Association of Student Financial Aid Administrators, 2023
For years, financial aid administrators and others have debated the nature and structure of need analysis. As it developed, need analysis was based on commonly accepted definitions and basic principles of economics. Beyond the fundamentals of need analysis, there also developed expertise about exercising professional judgment (PJ) in reviewing…
Descriptors: Student Financial Aid, Need Analysis (Student Financial Aid), Evaluative Thinking, Expertise