Three need-based student financial aid programs authorized under Title IV of the Higher Education Act of 1965 (HEA)--Federal Supplemental Educational Opportunity Grant (FSEOG) program, the Federal Work-Study (FWS) program, and the Federal Perkins Loan program--are collectively referred to as the "campus-based" programs. These programs…

Two federal campus-based financial aid programs, the Supplemental Educational Opportunity Grant (SEOG) and the Federal Work-Study Program (FWS), combine to provide nearly US$2 billion in funding to students with financial need. However, the allocation formulas have changed little since 1965, resulting in community colleges and newer institutions…

The Federal Work-Study (FWS) program is one of the oldest federal programs intended to promote college access and persistence for low-income students. Since 1964, the program has provided approximately $1 billion annually to cover up to 75 percent of the wages of student employees, who typically work on campus for 10 to 15 hours per week. The FWS…

The primary purpose of the National Association of Student Financial Aid Administrators (NASFAA) Campus-Based Aid Allocation Task Force was to examine the formula by which congressional appropriations for the Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and Perkins Loan programs are distributed to schools,…