Four general "fairness criteria" are presented for evaluating student financial aid award rules. Application to current Pell Grant rules indicated violation of two of the criteria. Recommendations include replacing the "percent-of-cost" rule with a "percent-of-need" standard, developing a broader class of rules, and…

Discussion of prepaid college tuition plans looks at their strengths and weaknesses and provides an analysis to illustrate their use as an alternative in funding a child's future education. It is noted that, although some financial planners argue against them, they can offer significant savings by locking in tuition rates. (MSE)

This guide, designed for college-bound students and parents but also useful to counselors and other practitioners, provides information and a variety of practical strategies for anticipating, evaluating, and meeting college costs. An introductory section discusses the reality of college costs and the family's role in general terms. The next…

Traces state financial aid to private colleges in New York State, culminating in McGeorge Bundy's subsidy program beginning in 1967. Questions whether students have actually benefited from Bundy Aid. A statistical analysis shows that private college tuition levels are determined more by academic quality than by costs, religious affiliation, or…

This paper considers the use of parental fees and private insurance as sources of funding for early intervention services under Part H of Public Law 99-457, the 1986 amendments to the Education of the Handicapped Act. First, relevant legislative authorities are cited including the Maternal and Child Health Service Block Grant (1981) and guidelines…

This report is designed to help child care administrators use research to guide the development of comprehensive state systems for child care. The report begins with guidelines for establishing and maintaining child care research projects. The remainder of the report is comprised of five sections addressing key research questions: (1) projecting…

A discussion of Florida's college tuition prepayment program describes the plan and its options and examines its marketing implications as a preneed service. It is concluded that the program makes saving for college easy, economical, and completely safe but requires rethinking of conventional marketing strategies and mix. (MSE)

A discussion of the interrelationships between college tuition pricing, family resources, externally funded financial aid, and institutionally funded financial aid suggests that, as the range of tuition levels broadens, institutions must focus more closely on net tuition income in their forecasting or face erosion of revenues. (MSE)

New methods of financing higher education used in Australia, the United States, and the United Kingdom are summarized and compared. The paper concludes that while these approaches are designed to improve efficiency, realize specific outcomes, and leverage additional funds from other sources, they may have unanticipated, unintended, and, in some…

Generally, the need analysis system accurately reflects a family's ability to contribute toward funding a college or university education. However, in recent years the system has shown inequities to families in certain regions where home values have increased disproportionately fast. It is concluded that equal assets on paper do not accurately…

Recent research demonstrates that many countries are asking similar policy questions about financing higher education and answering them in very different ways. No government seems entirely satisfied with current methods of sharing higher education costs, and many are simultaneously introducing changes in their institutional funding and student…

Using longitudinal college student (n=2,497) and parent data and interviews of a subsample (n=60), a study examined factors associated with parental savings for students' postsecondary education. Results suggest that socioeconomic status, student educational aspirations, and the extent to which parents think they will need outside financial help…

This book provides information to the student financial aid community about the calculation of a student's expected family contribution (EFC). An introduction which uses a question-and-answer format gives background information and guidance for using the proper formula to calculate a student's EFC. The following section provides narrative…

Analysis of data from National Education Longitudinal Study found that a third of parents of high school seniors had not begun preparing for college costs and a quarter had begun only recently. Most did not expect savings to cover costs and had investigated financial aid but relatively few had applied. Grants, scholarships, and fellowships were…

National survey data concerning extent and sources of parental financial support for college expenses reveal that support takes the form of both money, primarily from current income, and goods and services and represents intergenerational transfer of resources. Patterns in marital status and other student characteristics from the survey are…