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50 Years of ERIC
50 Years of ERIC
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ERIC Number: ED316080
Record Type: RIE
Publication Date: 1989-May
Pages: 72
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Dislocated Workers and Displaced Homemakers. ACT Student Financial Aid Research Report Series 89-2.
Mortenson, Thomas G.
This document, the fifth in a series of student financial aid research reports, summarizes the results of three American College Testing (ACT) program studies of the new financial aid applicant categories of dislocated workers and displaced homemakers. The three studies involved description, verification, and simulation, respectively. The description study examined ACT Assessment and Family Financial Statement (FFS) records and concluded that differences exist between those who identify themselves or their parents as either dislocated workers or displaced homemakers and other FFS filers. Displaced homemaker applicants or their dependents reported notably lower incomes and often no home equity. The verification study found that only about a third of survey respondents provided convincing responses confirming their status as dislocated workers or displaced homemakers, suggesting that they were not eligible to claim special formula treatment under the Congressional Methodology of need analysis. The simulation study compared the effects on expected family contributions of the special formula treatments for income and home equity. For well over half of both dislocated workers and displaced homemaker applicants, the special treatment did not affect expected family contributions by more than $100. For the remainder, the special formula treatment usually reduced expected family contributions. The result was that applicants were qualified for higher levels of student financial aid, with those from higher family incomes more likely to benefit from the special treatment formula. Survey respondents' comments are appended. Contains four references. (SM)
ACT Publications, P.O. Box 168, Iowa City, IA 52243.
Publication Type: Reports - Research; Tests/Questionnaires
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: American Coll. Testing Program, Iowa City, IA.
Identifiers: N/A
Note: For related documents, see ED 312 930 and HE 022 981-983.