Today 17 elite private colleges in the U.S. have offered no-loan policies, which replace student loans with grants, scholarships and/or work-study in the financial aid packages awarded to all undergraduate students eligible for financial aid. Generally, the goal of these policies is to increase the socioeconomic diversity of campuses and to reduce…

A study analyzed demographic, socioeconomic, and financial factors in enrollment behavior of accepted applicants to Iona College (New York). Financial aid had a positive impact on enrollment decisions (excepting upper-income applicants): for every $1,000 increase offered, probability of enrollment increased 1.1 to 2.5%. Work-study was not…

A guide to the family contribution (FC) for federal student financial aid programs is presented. Information is provided on the steps of the U.S. Department of Education's version of the Uniform Methodology (UM), the system most frequently used by need analysis services and financial aid administrators to determine the family's ability to…

Postsecondary student financing policies in the State of Washington are examined in this report that focuses on the interaction between federal and state student aid programs. The increasing importance of this type of investigation is noted in view of the recent growth in federal student aid. Financial aid available to students in Washington State…