The 17th module in the 17-module self-instructional course on student financial aid administration discusses the evaluation of student aid management in terms of self-evaluation, audit, and program review. The full course offers a systematic introduction to the management of federal financial aid programs authorized by Title IV of the Higher Education Act to novice financial aid administrators and institutional personnel. This module explains how to identify common ways to evaluate student aid management, distinguish required evaluations from recommended ones, and identify compliance review areas in program reviews and audits. Information is provided on the following topics: the purpose of evaluation (types of evaluation and institutional responsibility); self-evaluation of student aid management (the purpose of self-evaluation and self-evaluation techniques); audits (e.g., federal and nonfederal audits, audit preparation and procedures, and common audit findings on compliance); and program reviews (e.g., preparing for a program review, exit interview, and responding to program review findings). A pre-test, post-test, glossary, and acronyms are included. Five appendices are: outline of a peer evaluation report; description of the program review process; description of the audit process; a list of materials for audit preparation; and examples of audit exceptions. Contains five references. (SM)