In 2002, the Government Accountability Office (GAO) reported that veteran students were awarded similar amounts of Title IV aid as nonveteran students, and veterans' total federal aid was greater when Chapter 30 GI benefits were included. This report responds to request from the Subcommittee on Economic Opportunity, Committee on Veterans' Affairs about whether this has changed, resulting in veterans receiving less federal financial aid. To address this question, three areas were addressed: (1) how the amount of Title IV financial aid awarded to veteran students compares with that awarded to nonveteran students; (2) how higher education institutions allocate Title IV financial aid among veteran and nonveteran students; and (3) how federal agencies and higher education institutions provide information to veterans on Title IV financial aid. The following findings are reported: (1) overall, veteran students received similar amounts of Title IV aid as nonveteran, independent students (however, when including Chapter 30 GI benefits, veterans received more total federal aid than nonveterans); (2) laws and regulations largely dictate how higher education institutions allocate Title IV aid among veteran and nonveteran students, but five of the eight schools interviewed used their limited flexibility to allow veterans to be eligible for larger amounts of certain types of Title IV aid; and (3) although federal agencies and schools provide the same information on Title IV aid to all students, some of the schools interviewed in areas with nearby military bases specifically reach out to veteran students. In addition, there are some recent federal efforts to inform veterans about Title IV aid, such as workshops on federal aid for personnel separating from the military. Information is included in four appendixes: (1) Briefing Slides on Title IV Aid; (2) Objectives, Scope, and Methodology; (3) Estimated Federal Title IV Aid Awarded to Students; and (4) GAO Contact and Staff Acknowledgments. (Contains 4 footnotes and 4 tables.)