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…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…

As college costs continue to increase, more and more Americans rely on federal student financial assistance programs to help pay for their postsecondary education. Despite the demonstrable and continually increasing importance of federal student aid, the majority of Americans have little knowledge of the Title IV programs or the processes…

This "National Profile" serves as a helpful resource document on the basics of the federal student financial aid programs that provide funding to millions of students each year. This information is more important than ever, as data from the U.S. Department of Education (ED) show that the number of students applying for federal financial…

This "National Profile" serves as a helpful resource document on the basics of the federal student financial aid programs that provide funding to millions of students each year. This information is more important than ever, as data from the U.S. Department of Education (ED) show that the number of students applying for federal financial…

This "National Profile" serves as a helpful resource document on the basics of the federal student financial aid programs that provide funding to millions of students each year. This information is more important than ever, as data from the U.S. Department of Education (ED) show that the number of students applying for federal financial…

From 2002-2003 to 2012-2013, the total amount of federal financial aid awarded to students under Title IV of the Higher Education Act (HEA) jumped from $82.7 billion to an estimated $169.7 billion, a 10-year increase of 105 percent. For 2012-2013, the Title IV programs accounted for 71 percent of the $238.5 billion in total financial aid received…

From 2001-2002 to 2011-2012, the total amount of federal financial aid awarded to students under Title IV of the Higher Education Act (HEA) jumped from $72.3 billion to an estimated $173.8 billion, a 10-year increase of 140 percent. For 2011-2012, the Title IV programs accounted for 71 percent of the $245 billion in total financial aid received by…