This report addresses concerns raised by the Committee on Health, Education, Labor, and Pensions of the U.S. Senate on : (1) the number and cost of trustee arrangements providing student loans and their shared characteristics; (2) the benefits and protections afforded the federal government through use of trustee arrangements; and (3) the effect…

The Internal Revenue Service has acknowledged that audits of graduate students receiving stipends were based on inconsistent interpretations of tax law but deny any policy to increase monitoring of graduate students' tax returns. (MSE)

This publication provides a non-technical summary of the Department of Education's discretionary grants process and the laws and regulations that govern it. It was written for readers who have received an award, or are simply interested in knowing more about the Department's discretionary grants process. It describes how grant programs are…

The "Student Financial Aid Handbook" explains the policies and procedures required for institutions of higher education to administer federally funded student financial assistance programs properly. This volume describes how a school calculates and pays Pell awards to eligible students and how it reports those payments to the Department…

A study of the financial aid applications of 2,979 parents of college students and of 136 independent students filing both actual and estimated income data on the applications found that contrary to Department of Education assumptions, procedures for income verification established by individual colleges produce effective and efficient results.…

The Justice Department's antitrust investigation of private-college collaboration on student financial aid (the Overlap Group) has closed, with charges against the Massachusetts Institute of Technology dropped and announcement of a new system by which institutions may share information. Institutions are skeptical about the practicality of the new…

Two attorneys discuss compliance issues surrounding the new rules concerning return of Title IV funds. They explain the calculation process and identify emerging legal issues and risk factors, including determination of student withdrawal rates, allowances for leaves of absence, the handling of inadvertent overpayments, and student grant repayment…

The impact of federal aid cutbacks on enrollment at West Virginia University (WVU) was studied. The total amount awarded to WVU students in each program and the average award, along with the number of students applying for each federal aid program, were assessed for 1981-1982 and 1982-1983. In addition, the students who applied but did not receive…

A cooperative, interinstitutional plan offering individual tuition accounts based on lump-sum payments as a means of saving for college expenses is proposed as an alternative to loan options, savings bonds, and tuition futures. (MSE)

In its 2001 performance and accountability report on the Department of Education, the General Accounting Office (GAO) identified challenges with student financial-aid programs, financial management, and other areas facing education. The information presented in this report is intended to help sustain congressional attention and a departmental…

Proposed substantial changes in federal regulations concerning accreditation process and the standards used for awarding federal student aid funds are criticized for the degree to which they increase potential for bureaucratic interference. A major concern is the accuracy of data on which bureaucratic decisions are made. (MSE)

Colleges risk losing eligibility for government student loan programs, because of tightened loan-repayment requirements for participating institutions. Economic factors and some data-processing errors are blamed for high student default rates. Default rates are charted by state, lender, institution type, and guarantee agency. Colleges threatened…

Reviews issues surrounding college tuition discounting, and outlines sources of confusion, defines various discount types, provides historical background prior to recent changes in fund accounting rules, describes the new rules' impact, outlines different uses of tuition discounting by three groups, and applies the accumulated definitions to an…

Berkeley's response to the 1976 Amendments to the Higher Education Act is described, with focus on the Financial Aid Handbook, advertising financial aid deadlines, and other pamphlets on student services and opportunities. (LBH)

This compilation includes regulations for student financial aid programs as published in the Federal Register through December 31, 1996; it includes the major regulation packages published in November and December 1996 as well as regulations going back to 1974. An introduction provides guidance on reading and understanding federal regulations. The…