Current laws relating to student financial aid in Florida, current Florida aid programs, and options for the future are reviewed. The following programs are reviewed in terms of statutory policy objectives: Florida Student Assistance Grant Program; Florida Tuition Voucher Program; Florida Academic Scholars Program; Community College Tuition Waivers; State University General Student Aid Fund, Students Financial Aid Fund, Fee Waivers, and Out-of-State Tuition Waivers; Florida Guaranteed Student Loans; Career Work Experience Program; and other, smaller state aid programs. The policy issue of whether financial aid should be based on financial need is considered, and attention is directed to barriers to college participation, student eligibility criteria for Florida aid programs, student choice, college markets, sector competition, aid to students at different postsecondary levels, and the need for a central state agency to administer the programs. Finally, options are examined for the following programs: the Florida Student Assistance Grant Program, the Florida Tuition Voucher Program, and the Florida Academic Scholars Program. Consolidation options for the Florida Student Assistance Grant and the Florida Tuition Voucher Programs are also considered, along with proposals involving smaller state grant programs and loan contingency planning. (SW)