Financing and financial aid issues in higher education continue to plague state policymakers and higher education leaders. Every year, they struggle with questions of how to meet growing needs through state allocations, how best to ensure shared and equitable responsibility for paying for higher education, and how best to use subsidies such as financial aid to expand access and promote success, especially when economic futures are uncertain. States continue to search for better solutions to these problems, as well as for better ways of encouraging student access and success. This report is an examination of how state policies enhance student articulation and transfer and, ultimately, student success. This study is part of WICHE's project "Changing Direction: Integrating Higher Education Financial Aid and Financing Policy," which examines how to structure financial aid and financing policies and practices in order to maximize participation, access, and success for all students and to promote more informed decision making on financial aid and financing issues in higher education. Appended is: Descriptions of the State Financial Aid Programs Targeting Transfer. (Contains 4 tables, 1 figure, and 20 endnotes.)