Evidence shows that financial aid increases college enrollment. For many students at low-cost community colleges, this aid is intended to cover more than tuition and fees; after those are paid, the remainder is paid out, or "refunded," to students to help with their living expenses while they are enrolled in school. Often, however, the…

Evidence shows that financial aid increases college enrollment. For many students at low-cost community colleges, this aid is intended to cover more than tuition and fees; after those are paid, the remainder is paid out, or "refunded," to students to help with their living expenses while they are enrolled in school. Often, however, the…

The Health Care and Education Reconciliation Act of 2010 (Public Law 111-152) was put in place to provide for reconciliation pursuant to Title II of the concurrent resolution on the budget for fiscal year 2010 (S. Con. Res. 13). The table of contents for this Act is as follows: (1) Sec. 1. Short title; table of contents. (A) Title--Coverage,…

A growing body of empirical evidence shows that some financial aid programs increase college enrollment. Puzzlingly, there is little compelling evidence that Pell Grants and Stafford Loans, the primary federal student aid programs, are effective in achieving this goal. In this paper, we provide an in-depth review of this evidence, which taken as a…

The Subcommittee met to hear testimony on the college student loan process, particularly whether, at a time of devolution of power to state and local levels, it is contradictory to continue with the relatively new Federal Direct Student Loan Program. Chairman Peter Hoekstra outlined how vital higher education has become for access to quality…

This guide is intended for use by participants (college fiscal officers, business officers, bursars, loan managers, etc.) in a two-day workshop on Title IV of the reauthorized Higher Education Act. The guide includes copies of the visual displays used in the workshop, space for individual notes, sample forms, sample computer screens, quizzes, and…

Who gets student financial aid and how much is given is the focus of this second volume of a two-volume study on program management procedure in the Basic Grant and Campus Based assistance programs. Section I provides general supporting information for the study. It begins by sketching the background and context of the subject of student aid,…

This report discusses the establishment and operation of the Federal Direct Student Loan Program (DL), enacted by Congress in 1993 to partially replace the existing federal guaranteed student loan programs with a single program that would make loans directly to postsecondary students through their schools. The DL program will be phased in over a…

The institutional administration of student financial aid programs is examined in this first of a two-volume study on program management procedures in the Basic Grant and Campus Based assistance programs. Sections I and II begin by sketching the background and context of the subject of student aid with emphasis on institutional practices, i.e.,…