ERIC Number: ED327080
Record Type: RIE
Publication Date: 1990
Reference Count: N/A
Task Force Report on Postsecondary Education Funding: 1988-1989.
Maine State Dept. of Educational and Cultural Services, Augusta.
The report presents recommendations of Maine's Task Force on Postsecondary Education Funding, which examined the effectiveness of existing postsecondary financial aid programs serving Maine students and identified ways to ensure that costs of postsecondary education are affordable for aspiring and qualified students. After a statement of financial aid principles (e.g., student aid based on need and student choice), recommendations concerning the evaluation of student and parent aspirations are presented. The following topics are briefly discussed: Stafford loan programs; secondary market activities; the Perkins loan program; nonfederal college loans; other nonfederal loans; delinquencies, defaults, and debt; investment programs; early savings; educational savings plans design components; loan origination and related services; and the Maine Student Incentive Scholarship Program. Many of these discussions offer comparisons with other states and recommendations for Maine. Appendices include definitions of higher education funding terms, a table of default rates by state, and other supporting data. (DB)
Descriptors: Access to Education, Financial Support, Higher Education, Loan Default, Loan Repayment, Need Analysis (Student Financial Aid), Needs Assessment, Paying for College, Postsecondary Education, Scholarship Funds, State Programs, Student Costs, Student Educational Objectives, Student Financial Aid, Student Loan Programs
Publication Type: Reports - Descriptive; Opinion Papers
Education Level: N/A
Authoring Institution: Maine State Dept. of Educational and Cultural Services, Augusta.
Identifiers: Maine; Maine Student Incentive Scholarship Program; Perkins Loan Program; Stafford Loan Program