The article is an analysis which focuses on the years after the Great Recession, to show the interplay between federal and state policies. The first year after American Recovery and Reinvestment Act (ARRA) federal stimulus funds ended, Fiscal Year (FY) 2012, coincided with new federal Pell Grant eligibility restrictions. State appropriations for…

Verification is a federally mandated process that requires selected students to further attest that the information reported on their Free Application for Federal Student Aid (FAFSA) is accurate and complete. In this brief, we estimate institutional costs of administrating the FAFSA verification mandate and consider variation in costs by…

An increase of over 100% in program expenditures for the Pell Grant program over a five year period of time, from $14.7 billion in the 2007-08 award year to $33.4 billion in the 2011-12 award year, places an otherwise popular program under scrutiny. This article considers the factors and options informing federal policy related to the Pell Grant…

We measure the distributive justice preferences of students within eight departments in the faculty of Social Sciences at the University of Turku, Finland. We use the Finnish government's annual budget and its specific appropriations as a proxy to measure the students' underlying preferences. We test whether the type of studies of the respondents…

Changes in the financial situations among the second tier of liberal arts colleges between 1996 and 2001 are documented using Integrated Postsecondary Education Data System financial and enrollment data. These data show large disparities in net assets per student, expenses per student, and the subsidies per full-paying student and the average…

Issues in determination of overhead for cost recovery from research funding sources are discussed, including the need to collect overhead, principles involved in charging for overhead, range of activity types to be considered, classification and calculation of costs, pricing policy, and payment to the university versus payment to its components.…

Under a new cost-management plan at the National Institutes of Health, overhead rates charged on research grants, as part of the total project cost, could be a determining factor on "marginal" proposals. Some feel universities will learn to be more economical; others feel the policy penalizes one group of universities. (MSE)

In 2007, schools and universities allocated billions of dollars to build education facilities. Responsible administrators strive to spend those funds wisely, but over the years, educators and community members have not always agreed on what constitutes wise spending. In the Baby Boom years, the accelerating demand for space led many schools and…

Using national data from various sources, this study investigates the influence of financial aspects of state higher education policy on college completion. It found that college completion is positively associated with total state grants as a percentage of appropriations of state tax funds for operating expenses of higher education and state…

Questions and answers by the Association of American Universities address some issues in the complex matter of indirect costs for research projects, including the different kinds of costs, federal treatment of them, the federal indirect cost system, cost allocation, the memorandum of understanding, variation among institutions' costs, and cost…

In the largest settlement of its kind, New York University has agreed to pay the federal government $15.5 million to resolve charges that it submitted false information to obtain inflated reimbursements for costs associated with research grants. At least four universities are being investigated on similar grounds. The Clinton Administration issued…

Addressed is the problem of increasing indirect costs in federally supported research at universities and colleges. Effects of this increase are examined, using data on National Institutes of Health grants to educational institutions for examples. Discussed is the establishment of uniform indirect cost rates to modify the present policy. (CS)

The average rate for research overhead charges at major universities has declined nearly a point to 51% in the last three years, in the wake of stricter federal rules and intense political pressure. Largest reductions are at private institutions with the highest rates. (MSE)

Average institutional expenditure and revenue data include academic, academic support, support services, and financial aid expenditures and income from tuition and fees, appropriations, gifts, grants, and contracts for institutions with varying enrollment sizes. (MSE)