The three basic kinds of federal student financial aid to college students are described: federal student loans (direct lending, both subsidized and unsubsidized); campus-based aid (Supplemental Educational Opportunity Grants, work-study programs, and Perkins Loans); and Pell Grants. Some details of program design and recent changes are noted.…

Background questions to support a federally-sponsored assessment of major student aid delivery system options are addressed. Attention is directed to: (1) information needed by the U.S. Secretary of Education to decide about changes to the delivery system; (2) reasons that delivery system redesign is a critical issue; (3) what can be learned from…

This guide is intended as a self-evaluation questionnaire for those institutions conducting internal reviews of financial aid programs and of their compliance with federal regulations. It addresses recommended good administrative practices with a view to minimizing incidents of misrepresentation and providing a clear audit trail. Title IV programs…