Individual Development Accounts (IDAs), originally chartered under the federal Assets for Independence (AFI) Act in 1998, may provide an opportunity for increasing access to postsecondary education for low-income youth and adults by providing funds through a mix of their own savings and federal and private funds. However, many IDA savers and IDA…

It is argued that direct lending by the federal government to the student, characterized by direct financing, delivery, and communication, is a form of financial aid more cost effective than current programs such as the federal Guaranteed Student Loans. Direct loans can be better administered by the federal government, and protection against fraud…

This guide is intended to help school financial aid administrators meet the requirement that they provide in-person exit counseling to borrowers of Federal Direct Stafford/Ford Loans (direct subsidized) and Federal Direct Unsubsidized Stafford/Ford Loans (direct unsubsidized). The guide is intended to be used with a companion video and a guide for…

An approach to enrollment management used by Southern Vermont College involves calculating the revenue lost for each student place left empty because of lack of student aid. It evolved from administration's efforts to select and schedule courses efficiently and to provide adequate class sections for students' needs. (MSE)

Information on managing debts acquired by St. John's University undergraduate students is provided. The cost of education for an undergraduate student includes tuition, fees, books, home maintenance, personal expenses, and transportation. Student budgets for 1984-1985 and 1985-1986 (estimated) are provided by students' dependency status (dependent…

Information on managing debt acquired by St. John's University graduate students is provided. The cost of education for a graduate student includes tuition, fees, books, home maintenance, personal expenses, and transportation. Student budgets for 1984-1985 and 1985-1986 (estimated) are provided by students' dependency status (dependent 9 months,…

Information on managing debt acquired by St. John's University law students is provided. The cost of education for a graduate student includes tuition, fees, books, home maintenance, personal expenses, and transportation. A student budget for 1984-1985 is provided by students' dependency status (dependent 9 months, 9-month residency/dependent, and…

A discussion of debt burden, particularly for college students and graduates, looks at recent research, discusses borrower perceptions of debt burdens and excessive debt, analyzes debt-to-income ratios, and synthesizes these ideas into a universal model. Data from a 1990 state survey of borrowers by the Iowa College Student Aid Commission.…

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…

A survey of parents of college-bound high school students (1996 and 1997-99) considered separately) found widespread belief that college education is a worthwhile investment for economic and personal reasons, despite high cost. Most could provide cost figures for public colleges. Expected sources for funding college varied. Many save little for…

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…

Essentially an application of installment purchase concepts to higher education, the Zero Cash Plan allows students without cash from family resources for room, board, and tuition to attend Cazenovia College (New York) by deferring parent contributions until after graduation. The program has evolved to meet changing student and institution needs.…

Students and parents need ample time and accurate information to prepare for the financial burden of a college education--those who lack this knowledge base face a significant access barrier to higher education. The early intervention community is calling for a method of delivering age-appropriate information in a timely manner as one means of…

The college or university's business office can help reduce problems with student receivables through procedural review of the tuition revenue process, application of analytical methods, and improved operating practices. Admissions, financial aid, and billing offices must all be involved. (MSE)

A regional survey of 1,442 student loan borrowers currently in repayment (nondefaulting, high debt/low income nondefaulters, and prior defaulters) investigated attitudes toward student loan debt. Results revealed those with greater debt perceive it as more burdensome, but debt level has little impact on consumption patterns. (Author/MSE)