ERIC Number: ED374744
Record Type: Non-Journal
Publication Date: 1994-Jun
Reference Count: N/A
How Floridians Pay for College. Report and Recommendations of the Florida Postsecondary Education Planning Commission. Prepared in Response to Specific Appropriation 417B of the 1993 General Appropriations Act, Chapter 93-184, Laws of Florida. 1993-Report 4.
Florida State Postsecondary Education Planning Commission, Tallahassee.
This study examines the financial characteristics of students attending Florida's colleges and universities and how they pay for their education, based on a survey of more than 8,500 resident families with students enrolled in Florida colleges or universities during 1992-93. The study addresses the cost of Florida higher education, family income and financial aid status, savings behavior, family contributions, gift aid, and planned future support. The report identifies conclusions, policy questions, and recommendations for consideration by state policy makers. The study found that: in 1993-94, Florida ranks 44th nationally in tuition and fees charged to undergraduate residents at public institutions; that access to postsecondary learning is at jeopardy for low income Floridians; and the State's commitment to need-based aid has not kept pace with increases in eligible applicants; and that almost 70 percent of Florida families are not saving for college. Recommendations focus on increasing need-based aid, increasing tuition charges at public colleges to at least the national average, expanding Florida Resident Access Grants and academic program contracting, attending to income and ethnic characteristics of recipients of merit-based aid, making the financial aid process more user friendly, encouraging increased commitment to family savings, and holding debt burdens to acceptable and financially viable levels. Appendixes provide a statistical summary of findings and a description of the research methodology. (JDD)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Florida State Postsecondary Education Planning Commission, Tallahassee.
Identifiers - Location: Florida