Discusses major characteristics of the Reagan Administration's proposal to make National Direct Student Loan repayments contingent on borrowers' income. Summarizes alternative repayment schemes and legislative action to conduct an income-contingent demonstration project for 1987 through 1991. The proposal shifts loan program costs to students and…

A guide to federal student financial aid programs is provided for students. General information is provided on: eligibility, financial aid, application forms, records needed, the Student Aid Report (SAR), verification by applicants of the information reported on their applications, transfer students, deadlines, addresses where applications are…

Information on five U.S. Department of Education student financial aid programs and how to apply for them is presented: Pell Grants, Supplemental Educational Opportunity Grants, College Work-Study, Perkins Loans (formerly National Direct Student Loans), and Guaranteed Student Loans (Parent Loans to Undergraduate Students and Supplemental Loans for…

Information on financial aid, estimating financial need, managing money, and expenses at over 3,500 colleges is provided. College costs are based on the following: tuition and fees, books and supplies, room and board, transportation, and personal expenses. The following financial aid sources are examined; the Pell Grant Program, the Supplemental…