A brief overview of the recommendations of the National Commission on Student Financial Assistance is presented. The Commission was asked to answer 24 congressionally determined questions, and to report its findings on each within 2 years. Major findings and recommendations are presented concerning: satisfactory academic progress, the in-school interest subsidy that the federal government pays under the Guaranteed Student Loan (GSL) program, the insurance premiums charged to borrowers under the GSL program, the special allowance of the GSL, administration of student financial assistance programs, the impact of the student aid programs and their effect on student access and choice, graduate education student financing, and the appropriate balance between various types and sources of student aid. Findings include the following: no systematic effort was being undertaken to assess the standards currently being employed by postsecondary institutions; the enforcement of these standards was not being sufficiently monitored by the U.S. Department of Education; and the buying power of student financial assistance has been eroding and aid distribution patterns have been unbalanced. The titles, prices, and publication numbers of the seven Commission reports and 41 commissioned papers are listed. (SW)