The principles, practices, responsibilities, and controls in student financial aid are described in this manual. It traces the flow of funds, management activities, and legal issues as they occur in the process. The emphasis is on sound management principles of a general and permanent nature rather than on specific government requirements that may…

This report analyzes repayment patterns for federally supported student financial aid distributed through the William D. Ford Federal Direct Loan Program (FDLP), which includes an income-contingent repayment (ICR) plan that ties borrowers' monthly payments to income, family size, and loan amount. This report analyzes 3 year usage of ICR in…

A study was undertaken of the Basic Educational Opportunity Grant (BEOG) program to estimate the extent of errors made by participants and the impact of the errors on program expenditures. A sample of BEOG applicants was asked to verify the data provided on applications. Then their financial aid records and related institutional computations were…

Findings and recommendations of the Basic Educational Opportunity Grant Control Study Volume I are presented. The culmination of a year of intensive effort in which the study was designed and data collection and analysis conducted is evaluated, with focus on improvement of the Basic Grant Program. The introductory chapter discusses the background…

A research report on financial aid to maritime student (those in the Maritime Provinces) enrolled in postsecondary education in Canada is presented in English and French versions. The study was designed to: (1) prepare a historical perspective of and rationale for programs of financial assistance to students; (2) review and compare existing…

The effectiveness and efficiency of procedures employed by the federal government and participating education institutions to operate and manage the campus based and Basic Educational Opportunity Grant assistance programs are evaluated. Information was obtained by mail surveys of 756 colleges and universities. An overview is presented of the…

Higher education in the State of Connecticut is examined in light of the problems created during a time of retrenchment. Centered on the thought that the state's educational institutions have over-expanded, this report studies the historical background and financial arrangements of Connecticut higher education and offers recommendations for…

The council's recommendations for 1977 for college-based financial aid programs and for the guaranteed student loan program are both summarized and explained, and the progress of financial aid programs in 1976-77 is reviewed. The latter review includes the training of aid administrators, aid application simplification, regulations and guidelines,…

In 1992 the Clinton Administration proposed phasing out the federally guaranteed student loan program and replacing it with a direct lending program run entirely by the federal government, claiming that this approach would save taxpayer money and simplify a complex program. Opponents of the Administration plan argued instead for changes in federal…

A study of 180 defaulters and 907 nondefaulters on federal loans at a private 2-year college found that withdrawal from college, gender, race, age, high school rank, and college grades were significantly correlated with default status. Division choice, borrowing characteristics, and reasons for leaving college did not correlate with default…

A study investigated (1) college students' perception of their knowledge and actual knowledge about their student loans (when first borrowed, interest rate, repayment terms) and (2) the relationship between sociodemographic characteristics (age, sex, marital status, ethnic background, residency, academic achievement, major, employment, loan…

In one of a series of hearings held in communities around the nation on the reauthorization of the Higher Education Act of 1965, the Subcommittee on Postsecondary Education met to hear testimony from higher education professionals, business people, and students in the state of Hawaii. In particular the witnesses, grouped in seven panels, testified…

This proceedings contains 25 papers, the conference agenda, and summaries of other presentations of a 1989 conference on student financial aid. The following papers are included: "Minorities in Higher education in the 1970s and 1980s-What the Current Population Surveys Tell Us" (Paul M. Siegel); "Estimating Minority Participation in…

This comprehensive guide to financial aid takes college-bound students through a step-by-step process of defining their monetary needs and locating sources of finance to meet those needs. Part I provides "Useful Things to Know," including an overview of college in the eighties, 20 tips for hard times, and misconceptions that can cost time and…

In response to a request by the Presidential Task Force on Regulatory Relief, this report offers specific recommendations for reform of federal regulations. A cover letter explains the constraints imposed by the recommended format: that the report is unable to address adequately the area of federal regulatory activity generating the most adverse…