The bonding authority and bond bank concepts have evolved as effective and efficient methods of assisting local education agencies in financing school facility construction and other capital improvement programs. This discussion defines bonding corporations and reviews their historical development, current status, and potential. (TE)

Faculty perceptions of the Teachers Insurance and Annuity Association and the College Retirement Equities Fund are noted and the funds' performance in the recent market are criticized for inflexibility and lack of leadership. (MSE)

The utility of modified item response theory (IRT) models in small sample testing applications was studied. The modified IRT models were modifications of the one- and two-parameter logistic models. One-, two-, and three-parameter models were also studied. Test data were from 4 years of a national certification examination for persons desiring…

Several years ago, Montgomery County Public Schools (MCPS) began a Management Operations Review and Evaluation (MORE) of the entire school system, excluding school-based instruction. This MORE study is an evaluation of MCPS's current accounting system and certain related financial services functions within the Department of Financial Services. In…

This paper reviews a descriptive model that attempts to build a relationship between funding and school effectiveness. The model describes schools in terms of their component parts. The model allows policymakers to make assumptions about how much improvement in student performance should be expected as a result of changes in funding. It also…

Some students receiving financial assistance for their education from the Department of Veterans Affairs (VA) may not also be eligible for tax benefits for education under the Taxpayer Relief Act of 1997 (P.L. 105-34). For students to be eligible for the tax benefits, they must have incurred their educational expenses at schools eligible to…

Four common services offered by college alumni associations for their alumni (credit cards, telephone services, mortgages, and insurance) can provide benefits to alumni while they raise money for the institution. Considerations in planning such services include what products to offer, choice of company, customer service standards, end-of-contract…

Results are presented of a General Accounting Office audit of the Student Loan Insurance Fund (SLIF) financial statements for the fiscal year ending September 30, 1980. SLIF finances the Guaranteed Student Loan Program by reimbursing lenders and state guarantee agencies when students default on their loans. The fund, which is managed by the…

Discusses the Adoption Assistance and Child Welfare Act of 1980 which provides for subsidized adoption. Examines subsidized adoption from the perspectives of social policy and practice and draws on empirical findings to identify issues that need to be addressed. (Author)

Information is provided on the activities of the First Independent Trust Company (FITCO) of Carmichael, California, which made loans to students participating in the Stafford Student Loan Program until California's State Banking Department closed it in May 1989. During the 11 years FITCO was in the Stafford program, it made over $1 billion in…

The flow of capital to and through the Guaranteed Student Loan (GSL) Program and the cost of that capital to the federal government and the individual borrower were studied. A review of the research on student loan capital was conducted, and automated cost models were developed to test assumptions and project future costs. Attention was directed…

Insurance premiums being charged to borrowers under the Guaranteed Student Loan (GSL) program were studied to determine if the rate exceeded the rate necessary to protect the reserves of the insurer. Attention was directed to whether historical changes in the GSL program have affected insurance premiums. Guaranty agency's sources and uses of funds…

The increasing costs, paid by the Department of Education through 47 loan guaranty agencies, for defaulted loans made through the Guaranteed Student Loan Program prompted the General Accounting Office (GAO) to evaluate the policies and procedures used by the Department and the guaranty agencies. The purposes were to determine whether: (1) the…

Encourages educational institutions to strengthen their financial positions by taking advantage of the current "marketing war" among United States banks. Suggests increasing the yield of available funds, reducing idle cash balances, and increasing available investment funds as three criteria for choosing the right bank or combination of…

Proposals for the amendment or elimination of the in-school interest subsidy for the Guaranteed Student Loan (GSL) program were evaluated. The proposals were assessed in terms of their effects on the administrative and operational aspects of the GSL program, the availability of loan capital, and their impact on borrowers' ability to meet their…