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Daun-Barnet, Nathan; Hermsen, Albert; Vedder, Lori; Mabry, Beth – Journal of Student Financial Aid, 2013
In 2006, Michigan changed their traditional merit award to a credit contingent program based upon successful completion of 60 college credits. The Michigan Promise Scholarship was crafted by state policymakers without input from the financial aid community. This case study suggests that the change in policy resulted in two unintended consequences:…
Descriptors: Merit Scholarships, State Aid, Student Financial Aid, College Credits
Crawford, Clarence C. – 1993
In the current implementation of the Federal Direct Student Loan Program, there are lessons to be learned from past higher education loan programs, better ways to administer these programs and direct loans, and points to remember as direct loans are implemented. Current guaranteed student loan programs have been the subject of scrutiny recently…
Descriptors: Administrative Problems, Colleges, Educational Finance, Eligibility