This volume describes the institutional eligibility and administrative requirements for the William D. Ford Federal Direct Loan (Direct Loan) Program and the Federal Family Education Loan (FFEL) Program. The borrower's eligibility is the same under either program, but the procedures are different because funds for Direct Loans are provided…

This report tracks the degree completion and persistence rates of freshmen entering an Indiana public college or university in Fall 1990. Entering freshmen are defined using data provided by the institutions in the Student Information System as first-time freshmen enrolling in the Fall 1990 enrollment term. Statistics on degree completion,…

For many undergraduate students graduate school may seem a remote, futuristic possibility at best. Yet, reality may dictate that an advanced degree will be necessary to attain one's career goals. Undergraduate education is not designed to be an end-all to the learning process, but rather an introduction to the experiences and ever-changing…

This volume provides information on more than 1,300 merit scholarships and other no-need funding programs available specifically to students already in college or students who are thinking about returning to college. Programs listed in the guide make decisions based upon student academic records, research skills, writing ability, creative…

Current federal definitions and proposed alternative definitions of financially independent students, and the effect of the definitions on the numbers and attributes of independent students, are reviewed. Current federal law defines financial aid applicants as financially independent of their parents if they meet three criteria (the "tri-form"…

The report provides information on the possible impact of revised eligibility requirements on the volume of supplemental loans for students (SLS). These are market-rate loans made to postsecondary students in addition to or in lieu of other financial aid, such as Stafford loans (formerly called guaranteed student loans) and Pell grants. The data…

Five options to simplify the needs assessment formula for Pell Grants are discussed, along with validation alternatives. Analysis focuses on three main effects of simplifications (data element reduction): the impact on the distribution of total Pell funds, the impact on individuals receiving Pell awards, and the impact of reducing error in the…

A status report for the Basic Educational Opportunity Grant Program (Basic Grant Program) for the 1976-1977 academic year is presented. Information is provided on: applicants for the 1976-1977 year; program trends for academic years 1973-1974 through 1976-1977; the number of Basic Grant recipients and nonqualifying applicants for 1976-1977 by…

Hearings concerning the activities of the Student Loan Marketing Association (Sallie Mae) are presented. Attention is focused on a request for an exemption under federal priority for recovering money owed the Association in the event that it files for liquidation or reorganization in the future under the Bankruptcy Act. It is noted that two goals…

Pertinent information about the Alaska Student Loan Program is summarized. The topics covered include: purpose of the program; terms; questions and answers concerning loan amounts, application procedures and repayment; a payment reminder including a schedule of payments; the Alaska student loan statutes; and the Alaska student loan regulations.…

Financial aid for students is now a complex educational industry, with expenditures in California reaching $1,500,000,000 in 1987 (including loans, grants, and jobs). This has grown from under $10,000,000 in the 1950s. As it became more important to study the policies involved in student financial aid, The Eureka Project was created. This…

Intended for adults involved in continuing education, this book provides information on securing financial aid. Chapter 1 discusses use of the book. Chapter 2 examines why adults are involved in postsecondary education. College application is the focus of chapter 3. Chapter 4 offers suggestions for cutting the time and costs of acquiring a college…

The extent to which student financial aid has changed the composition of young people attending and planning to attend college is considered. The income redistribution policies of the 1960s and 1970s included rapid expansion of federal financial aid programs and reflected a shift from the goal of promoting economic efficiency and faster economic…

In response to a 1982 directive by the Florida Legislature, the State Department of Education conducted a comprehensive study of financial assistance programs available to the state's postsecondary education students. The study sought to establish goals for student aid programs which would promote maximum effectiveness of state funding; to…

The objectives of the Pell Grant quality control (QC) system and the general definition of QC are considered. Attention is also directed to: the objectives of the Stage II Pell Grant QC system design and testing project, the approach used to develop the QC system, and the interface of the QC system and the Pell Grant delivery system. The…