This publication is the 11th edition of a guide for students seeking financial assistance to attend post high school institutions in Illinois. The first of six chapters reproduces a booklet, titled "Need a Lift?", on obtaining financial aid for higher education and put out by the American Legion. This chapter provides general…

This congressional report argues that the costs of the current guaranteed lending program for postsecondary education can be reduced in three ways: (1) by eliminating more-than-competitive returns to private lenders; (2) by reducing administrative costs; and (3) by reducing default costs. It is suggested that the first solution can be accomplished…

This letter report by the Director of Education and Employment Issues in the U.S. General Accounting Office responds to a request from Senator Edward M. Kennedy for information on the federal costs involved for liquidation activities of the Higher Education Assistance Foundation (HEAF) in fiscal year (FY) 1992, the second year of the agreement to…

This report uses data from the National Postsecondary Student Aid Study of 1996 to describe the financing of undergraduate education in 1995-96, with particular focus on student loans and other types of financial aid. The report begins with an essay that describes the role of student loans within the context of tuition, the total price of…

This document is a record of testimony presented during a series of three hearings concerning changes that may be needed in the Stafford Loan Program, which each year generates the largest amount of financial assistance for college bound students. Testimony was heard from witnesses representing all sectors of postsecondary education, as were…

This report examines student financial assistance schemes in Australia in terms of their effectiveness and administration; particular reference is made to the findings of the Auditor-General's report on the administration of the Austudy program. The report discusses topics within the areas of program effectiveness, eligibility criteria, the…

This report provides recent statistics on trends in student aid in the 1980s and 1990s for the federal government, state governments, and educational institutions. The analysis also reports on changes in the costs of attending college and in family incomes in order to provide a context for assessing whether college is becoming more or less…

This paper outlines a proposal for restructuring student aid for higher education based on the book "Keeping College Affordable: Government and Educational Opportunity" by Michael S. McPherson and Morton Owen Schapiro. The paper argues that transferring costs to federal government programs will ensure that equal opportunity and human…

This publication begins with a message from the President of the United States, George Bush, transmitting to the Congress the "Lifelong Learning Act of 1992." A draft of the proposed legislation to amend the Higher Education Act of 1965 follows. Its key provisions, intended to encourage lifelong learning, are as follows: (1) to extend…

Presented in both English and Spanish language formats, this workbook explains how California residents can qualify for and obtain student financial aid in the form of federal and state grants and loans, work-study programs, institutional grants, federal campus-based programs, and the Federal Family Education Loan Program loans. A calendar of…

This guide tells about federal student aid programs for postsecondary education and how to apply for them. It begins by outlining sources for finding out about student aid, such as state higher education agencies, guidance counselors, and organizations connected with particular fields of interest. The guide offers tips on choosing a school…

This report provides the most recent and complete statistics available on student aid in the 1980s. It revises figures presented earlier for the 1980s and, for the first time, gives estimates for academic year 1989-90. The data series upon which the report is based is intended to provide comparable statistics over time for the major providers of…

The National Postsecondary Student Aid Study (NPSAS) examines how students who have received financial aid, and their families, pay for postsecondary education. It includes nationally representative samples of undergraduates, graduates, and first-professional students, encompassing students attending less-than-2-year institutions, 2-year schools,…

Though the rise in college student debt often has been blamed on rising tuition, a radical shift in student financial aid--from a system relying primarily on need-based grants to one dominated by loans--has been equally important. Numerous reports have highlighted the burdens faced by students who borrow large sums, but less is known about…

This volume discusses the eligibility requirements for student and parent borrowers from federal financial aid programs. It reviews the factors an aid administrator must consider when reviewing a student's application for a loan and outlines the administrator's responsibilities in checking to make sure that recipients qualify for their aid awards.…