The Higher Education Act of 1965 (HEA; P.L. 89-329, as amended), authorizes a broad array of federal student aid programs that assist students and their families with financing the cost of a postsecondary education, as well as programs that provide federal support to postsecondary institutions of higher education (IHEs). Programs authorized by the…

Federal student aid comes from the federal government--specifically, the U.S. Department of Education. It is money that helps a student pay for higher education expenses (i.e., college, career school, or graduate school expenses). Federal student aid covers such expenses as tuition and fees, room and board, books and supplies, and transportation.…

Federal student aid comes from the federal government--specifically, the U.S. Department of Education. It is money that helps a student pay for higher education expenses (i.e., college, career school, or graduate school expenses). Federal student aid covers such expenses as tuition and fees, room and board, books and supplies, and transportation.…

Federal student aid comes from the federal government--specifically, the U.S. Department of Education. It's money that helps a student pay for higher education expenses (i.e., college, career school, or graduate school expenses). Federal student aid covers such expenses as tuition and fees, room and board, books and supplies, and transportation.…

From 2000-2001 to 2010-2011, the total amount of federal financial aid awarded to students under Title IV of the Higher Education Act (HEA) jumped from $64.0 billion to an estimated $169.1 billion, a 10-year increase of 164%. For 2010-2011, the Title IV programs accounted for 72% of the $235 billion in total financial aid received by college…

As college costs have soared and the U.S. economy struggles to move out of the recession, more and more Americans have relied on federal student financial assistance programs to help them meet their postsecondary expenses. Data from the Federal Student Aid (FSA), an office of the U.S. Department of Education (ED), show that the number of students…

Since 1964, the Federal Work-Study (FWS) program has provided funds to subsidize the wages of student employees, but it has never been studied directly. I use an instrumental variables difference-in-difference framework with administrative data from West Virginia to identify causal effects, comparing eligible and ineligible students across…

The Federal Work-Study (FWS) Program allows undergraduate and graduate students to work part-time to help pay for the cost of their education. Schools must use 75% of their FSW Program funds to compensate students employed in community service jobs. This volume describes the ways schools are required to use money from FSW program funds to…

The Federal Work-Study (FWS) Program encourages the part-time employment of undergraduate and graduate students who need the income to help pay the cost of their education and encourages FWS recipients to participate in community service activities. This volume describes the ways schools are required to use money from their FWS Program funds to…

The Federal Work-Study (FWS) Program encourages the part-time employment of undergraduate and graduate students who need the income to help pay the cost of their education and encourages FSW recipients to participate in community service activities. This volume describes the ways schools are required to use money from their FSW Program funds to…

An alternative system is proposed for college students: provide grants in the freshman year, reduce grants and small loans in the second, introduce work-study in the third along with reduced grants and loans, and further increase loan and reduce the grant with work-study in the fourth year. (MSE)

It is now possible to use the Supplemental Educational Opportunity Grant program, along with the College Work-Study program, as a tool to restrict unreasonable borrowing for the majority of students who need financial assistance. A new aid packaging methodology initiated by the University of Wisconsin-Stevens Point is described. (MLW)

This volume describes the institutional eligibility and administrative requirements for the William D. Ford Federal Direct Loan (Direct Loan) Program and the Federal Family Education Loan (FFEL) Program. While the borrower's eligibility is the same under either program, the procedures are different because funds for Direct Loans are provided…

This volume describes the institutional eligibility and administrative requirements for the William D. Ford Federal Direct Loan (Direct Loan) Program and the Federal Family Education Loan (FFEL) Program. The borrower's eligibility is the same under either program, but the procedures are different because funds for Direct Loans are provided…

Student employment, it is suggested, may have a surprising effect on student retention. Two studies that confirm the potential impact that employment can have on student persistence are discussed. Financial aid officers may consider altering traditional awarding strategies regarding college work-study eligibility. (MLW)