Title IV of the Higher Education Act (HEA; P.L. 89-329), as amended, authorizes the primary programs that provide federal financial assistance (e.g., Pell Grants and Direct Loans) to students to assist them in obtaining a postsecondary education at eligible institutions of higher education (IHEs). IHEs seeking to participate in the Title IV…

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…

The Federal Work-Study (FWS) program is one of the oldest federal programs intended to promote college access and persistence for low-income students. Since 1964, the program has provided approximately $1 billion annually to cover up to 75 percent of the wages of student employees, who typically work on campus for 10 to 15 hours per week. The FWS…

The primary purpose of the National Association of Student Financial Aid Administrators (NASFAA) Campus-Based Aid Allocation Task Force was to examine the formula by which congressional appropriations for the Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and Perkins Loan programs are distributed to schools,…

By late 2008, the United States was in the midst of its most severe economic recession since the 1930s, brought on by a collapse in real estate prices and exacerbated by the failure of many large banks and financial institutions. Heeding calls from economists, Congress and the Obama administration passed a historic law in early 2009 to stimulate…

President Barack Obama submitted his third budget request to Congress on February 14th, 2011. The detailed budget request includes proposed funding levels for federal programs and agencies in aggregate for the upcoming 10 fiscal years, and specific fiscal year 2012 funding levels for individual programs subject to appropriations. Congress will use…

President Obama's 2010 budget proposals include exciting news for those concerned with increasing educational opportunities. The urgency of the economic crisis and the clear commitment of the administration and Congress to make college more affordable provide the perfect opportunity for those in higher education to update their approach to…

By late 2008, the United States was in the midst of its most severe economic recession since the 1930s, brought on by a collapse in real estate prices and exacerbated by the failure of many large banks and financial institutions. Heeding calls from economists, Congress and the Obama administration passed a historic law in early 2009 to stimulate…

Reauthorization of the federal government's main jobs and training program, the Comprehensive Employment and Training Act (CETA), P.L. 95-524, has resulted in legislative changes that could lead to greater participation of postsecondary institutions. This paper addresses those changes and serves as an introduction and guide to CETA. The changes…