This document, the fifth in a series of student financial aid research reports, summarizes the results of three American College Testing (ACT) program studies of the new financial aid applicant categories of dislocated workers and displaced homemakers. The three studies involved description, verification, and simulation, respectively. The…

This report, the second in a series on student financial aid, examines the effects of changes in the design of the Pell Grant Program on applicant eligibility over the 16 years between 1973-74 and 1988-89. The study is an outgrowth of a project undertaken in 1983-84 which attempted to identify the many decisions that constituted the design of each…

This report, the first in a series on student financial aid, develops a public policy justification for needs-tested higher educational subsidies targeted specifically to students, and offers evidence to support the argument that financial aid is a worthwhile use of public monies. Traditionally, public subsidies for students have been directed to…

This document, the fourth in a series of student financial aid research reports, focuses on need analysis in student financial aid. Nearly all of the family contribution expected by the analysis of ability to pay is produced by family income, and the Congressional Methodology implemented for the 1988-89 academic year places even greater emphasis…

This document, the third in a series of research reports on student financial aid, examines attitudes of Americans toward borrowing to finance educational expenses between 1959 and 1983. The impetus for the study was interest in the effects of the Federal Government's shift in student aid emphasis from grants to loans during this period. The study…