ERIC Number: ED381086
Record Type: Non-Journal
Publication Date: 1995
Reference Count: N/A
A Report to the Leaders of America's Colleges and Universities: Meeting the Challenge of Student Financial Aid.
National Association of Student Financial Aid Administrators, Washington, DC.
This report presents the findings of an investigation into the major issues and possible responses to recent changes in college student financial aid. An executive summary reports that student financial aid is of urgent concern to institutions, policymakers and the nation and that a long term dialogue on the role, impact, and importance of financial aid is called for. An opening section describes the changes that have taken place during the past 25 years, some that are cumulative, others that were triggered by the Higher Education Act Reauthorization of 1992. Part 1 describes serious challenges that arise from these changes: (1) challenges to equity, access, and diversity; (2) implications for institutions' financial health; and (3) the risks and liabilities for institutions that participate in federal aid programs. Part 2 suggests strategies for effective leadership including a strong recommendation that presidents, trustees, and others: first, ensure that institutional financial aid policies and practices are in keeping with the overall institutional mission and policies and are not in violation of federal or state strictures; second, ensure that the integrity and quality of the financial aid program is a top priority through the application of the highest quality standards and sound policies and procedures; and, third, become effective advocates for student financial aid inside and outside the institution. (JB)
Descriptors: Access to Education, College Administration, College Role, Educational Change, Educational Finance, Equal Education, Federal Aid, Federal Legislation, Federal Regulation, Higher Education, Institutional Mission, Legal Responsibility, Policy Formation, Risk, Standards, State Regulation, Student Financial Aid
National Association of Student Financial Aid Administrators, 1920 L St., N.W., Suite 200, Washington, DC 20036-5020 ($5, includes shipping and handling).
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: Policymakers; Administrators; Practitioners
Authoring Institution: National Association of Student Financial Aid Administrators, Washington, DC.
Identifiers - Laws, Policies, & Programs: Higher Education Act Amendments 1992