ERIC Number: ED053657
Record Type: RIE
Publication Date: 1969-Sep
Reference Count: 0
Expected Contribution Toward Educational Costs: Suggested Revisions for 1969-70.
Bowman, James L.; Weiss, Gertrude S.
Significant changes have occurred in parental contributions expected from various income levels over the last 15 years, reflecting the changing nature of institutions, the general availability of financial aid resources, and general changes in the economy. The purpose of this paper is to trace the evolution in College Scholarship Service procedures for determining the expected parental contribution toward educational costs and to suggest certain revisions in current procedures based on data recently published by the Bureau of Labor Statistics. It is recommended that the expected contribution from low income families be reduced by about $200; that contributions from middle income families remain generally the same; and that the expected contribution from high income families be substantially increased. (JS)
Descriptors: Educational Finance, Family Financial Resources, Family Income, Financial Needs, Financial Support, Higher Education, Parent Financial Contribution
College Scholarship Service, Educational Testing Service, Princeton, New Jersey 08540
Publication Type: N/A
Education Level: N/A
Authoring Institution: Educational Testing Service, Princeton, NJ.