Hearings on student loan consolidation are presented. Only the Student Loan Marketing Association (Sallie Mae) has the authority to consolidate student loans and that authority--scheduled to expire on August 1, 1983-- is being reviewed. State guarantee agencies have requested the statutory authority to consolidate loans. The findings of a study by…

Information is provided on 14 federal programs providing financial assistance to undergraduate students in universities, colleges, and vocational/technical schools. The programs provide three different types of assistance: grants (or scholarships), loans, and job earnings. Grants and scholarships do not have to be repaid, but loans do. Some of the…

The process whereby appropriated federal funds for the campus-based student aid programs are allocated to the states and to postsecondary education institutions is reviewed. The three campus-based programs are the College Work-Study, National Direct Student Loan, and Supplemental Educational Opportunity Grant student aid programs. Changes imposed…

Perspectives on defaults occurring under the two major federal student loan programs, Guaranteed Student Loans (GSL) and National Direct Student Loans (NDSL), are presented. Attention is directed to differences in the size and mode of operation of these programs, the extent and costs of default, comparisons with other types of loans, and the…

Guidelines for students seeking financial aid are provided for six federal programs. General information about seeking financial aid and rights and responsibilities of the student as consumer are outlined. The following federal aid programs are covered: the Basic Educational Opportunity Grant Program, the Guaranteed Student Loan Program, the…

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 financial aid programs is provided in this guide for students. The introduction discusses where the labor movement stands on educational needs. The contents of the publication are as follows: Meeting College Costs through a Financial Aid Package; How to Cut Educational Costs; How Students' Financial Aid Needs Are Analyzed; Low…

The third in a series by the Higher Education Panel, this survey of student aid programs and participants focused on selected characteristics of aid recipients representative of those at 3,000 colleges and universities. Aid distribution was analyzed by the students' sex, racial or ethnic group, enrollment status (full- or part-time), and income…

The status of the U.S. Office of Education-sponsored National Direct Student Loan funds at 19 selected postsecondary schools was reviewed. Enabling legislation intended that schools attain a revolving fund status but each school differs in its ability to do this because different loan collection procedures are used. Legislation requires schools to…

The guide is intended for use by staff of governmental agencies that exercise regulatory authority over postsecondary educational institutions. It describes a simplified system for collecting, analyzing, and sharing information on the policies and practices of the regulated institutions. The policies and practices in question are those that relate…

The effectiveness and efficiency of procedures employed by the federal government and participating education institutions to operate and manage the campus based and Basic Educational Opportunity Grant assistance programs are evaluated. Information was obtained by mail surveys of 756 colleges and universities. An overview is presented of the…

Federal costs of the National Direct Student Loan (NDSL) program and the Guaranteed Student Loan (GSL) program are compared, and alternatives to the current system of student financial assistance are discussed. It is estimated that over the life of the loan, the long-term federal costs of GSL and NDSL per dollar loaned are approximately the same…

Proposed changes in student financial aid for fiscal year (FY) 1986 and their likely effects on higher education are discussed. The Reagan Administration's FY 1986 budget recommends a 25% cut for higher education, or $2.3 billion below the adjusted FY 1985 level of $8.8 billion. All but $100 million of the cuts would come from student aid, and…

Pell Grants, based on need, have been the federal government's commitment and contribution to equal access to higher education. Topics addressed in these hearings include: the maximum award amount, the percentage of college costs to be covered by the award, the living allowance for students living off campus, the tax rates on discretionary income…

Questions have been raised concerning the function served by each of the federal need-based student aid programs and the relationship between them: Basic Educational Opportunity Grant (BEOG), Supplemental Educational Opportunity Grant (SEOG), College Work-Study (CWS), and National Direct Student Loan (NDSL). Analysis of the student aid packages…