ERIC Number: EJ1141836
Record Type: Journal
Publication Date: 2017-Jun
Pages: 33
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0895-9048
EISSN: N/A
Campus-Based Financial Aid Programs: Trends and Alternative Allocation Strategies
Kelchen, Robert
Educational Policy, v31 n4 p448-480 Jun 2017
Two federal campus-based financial aid programs, the Supplemental Educational Opportunity Grant (SEOG) and the Federal Work-Study Program (FWS), combine to provide nearly US$2 billion in funding to students with financial need. However, the allocation formulas have changed little since 1965, resulting in community colleges and newer institutions getting much smaller awards than long-standing private colleges with high costs of attendance. I document the trends in campus-level allocations over the past two decades and explore several different methods to reallocate funds based on current financial need while limiting the influence of high-tuition colleges.
Descriptors: Student Financial Aid, Federal Programs, Grants, Work Study Programs, Funding Formulas, Resource Allocation, Educational Equity (Finance), Educational Legislation, Federal Legislation, Higher Education, Federal Aid, Student Characteristics, Institutional Characteristics
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Laws, Policies, & Programs: Higher Education Act Amendments 1986; Higher Education Act 1980; Pell Grant Program; Higher Education Act Title IV
Grant or Contract Numbers: N/A