Alabama's Commission on Higher Education has the statutory responsibility for overall statewide planning and coordination of higher education in Alabama, the administration of various student aid programs, and the performance of designated regulatory functions. This annual report from the Commission includes: (1) a list and photographs of the…

The federal government enacted the Taxpayer Relief Act in 1997. Whereas other federal student aid programs have used grants, scholarships, and loans to help students and their families finance college, the new law has made college more affordable by providing new federal income tax credits, savings incentives, and deductions for interest paid on…

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…

This report presents information on financial resources provided to undergraduates at Minnesota post-secondary institutions. The financial resources reported are grants, loans, and student earnings that help students pay tuition, fees, room and board, and other costs of attending post-secondary education. This report presents information for…

Who should pay for higher education: the state, the parent or the student? (Editor)

In general, students receiving financial aid in their freshman year show greater academic persistence than nonreceivers, but increasing amounts of aid per semester have nonsignificant negative impacts on the number of semesters attended in a four-year period. Persistence may be hampered by increasing loan burdens on students. (MSE)

Data from a comprehensive questionnaire to identify the types and sources of undergraduate student aid expenditures in Michigan in the 1976-77 fiscal year are provided. Need-based and non-need-based expenditures from federal, state, institutional and private sectors were included in the surveys. (MLW)

In view of New Jersey's history of diffidence with regard to education in general, Governor Brendan Byrne and higher education Chancellor Ralph A. Dungan in early 1974 named a Commission on Financing Postsecondary Education. Its "free market" fiscal plan calls for reduction of institutional subsidies and increased direct student…

Historical data concerning the federal Guaranteed Student Loan Program/Stafford Student Loan Program/Family Education Loan Program are presented, tracing default rates since 1980 and the population distributions for borrowers by institution type (overall, collegiate, noncollegiate, public or private, two- or four-year, proprietary). Individual…

A table showing the rates of default on Stafford Student Loans at more than 2,600 non-profit colleges, universities, and vocational and technical schools is presented. The default rate represents the proportion of borrowers entering repayment status in fiscal 1986 who failed to make loan payments. (MLW)

According to a report from the National Research Council, 53 percent of those who received doctorates in 1987-88 did not owe any money for their education. Graduates in engineering and the physical sciences were less likely to be in debt than those in the humanities, life sciences, and social sciences. (MLW)

An econometric model that allows any institution to study the effect of financial aid and other variables on within-year persistence of college students is described. It is concluded that total amount of aid and the amounts of grants and loans received are significant in promoting persistence. (Author/MSE)

This introductory article describes current research on student loans in developing countries and concludes that student loans in these countries are feasible, can promote wider cost sharing, and can help to generate additional resources for higher education but only if loan programs are well designed and efficiently managed. (Author/DB)

After describing characteristics associated with student loan defaulters, the author provides supporting information from a qualitative survey that elicited perceptions about loan defaulters from 12 students, faculty and staff at a two-year college. Finds that student background characteristics play as great a role in loan default behavior as…