Documentation is provided to aid users of a file that contains data on financial aid and school costs for a sample of students in the 1985-86 school year. Each record contains information from the school registrar's office, from the student financial aid office record, and from a questionnaire completed by students. There are 3,774 records on the Statistical Analysis System (SAS) file, composed of 3,774 registrar records, 1,830 financial aid records, and 2,282 survey questionnaires returned from students. Approximately 43% of all students attending postsecondary schools received financial aid, and 33% received Federal aid. The documentation includes: (1) the survey summary; (2) the file description; (3) some user notes; (4) weighted population figures; (5) lists of variables by position and alphabetic order; (6) the registrar's office record form; (7) the Student Questionnaire; (8) the Student Financial Aid Record; and (9) additional information on weighted responses. (SLD)