Explores how, while there are fears that the new emphasis on merit-based aid comes at the expense of aid to the most needy students, evidence suggests that it has not yet jeopardized need-based aid although it is clearly rapidly increasing. (EV)

Discusses data that indicate that students' academic promise is increasingly influencing even the amount of "need-based" aid they receive, signaling that families' demonstrated financial need is of less importance than they may expect when they fill out all those financial aid forms. (EV)

Public colleges and universities are complex organizations that assert their institutional autonomy as they simultaneously operate in a context demanding response to public and political scrutiny. State boards and legislators, for example, enact programs, incentives, or regulations in many policy arenas designed to affect how colleges operate. One…