This report presents the results of a review of all state student financial aid programs in Florida and presents recommendations concerning program consolidation. The review was designed to address a variety of aid-related issues, including unexpended financial aid resources, program consolidation, budget request and aid distribution procedures, eligibility criteria, and a potential new lottery-funded program. Nineteen specific recommendations are outlined, including proposals to: (1) allow the consolidated student financial assistance trust fund to carry over a limited amount of its annual appropriation; (2) consolidate and simplify student eligibility criteria; (3) require all state-funded student aid programs to adopt minimum academic and financial need standards for eligibility; (4) eliminate the requirement that only non-profit institutions may participate in the Florida Work Study Program; (5) curtail increases in merit-based aid or increase need-based aid; (6) include a financial needs test in the state's merit-based aid programs; and (7) phase in over a 4-year period any lottery-funded scholarship program adopted by the state. Two appendixes provide tabular data and information on the activities of the Florida Statewide Task Force on Student Financial Aid. (MDM)