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ERIC Number: ED403797
Record Type: Non-Journal
Publication Date: 1996-Dec
Pages: 16
Abstractor: N/A
Reference Count: N/A
Bulding for Reauthorization--Need Analysis. Rethinking Federal Student Aid Delivery: A Concept Paper and Issues for Comment.
National Association of Student Financial Aid Administrators, Washington, DC.
This paper requests comments by January 21, 1997 concerning a new application process for students applying for federal financial aid and a listing of need analysis issues concerning student aid to be considered as part of the reauthorization process for the Higher Education Act. Several possible viewpoints concerning need analysis and delivery system changes are presented, including the view that federal methodology should be brought in line with traditional need analysis used by institutions for their own funds, and another view that the federal system should determine eligibility apart from need analysis. A student application process is proposed which would allow students to apply for federal student aid by supplying releases and minimal information to allow determination of federal aid eligibility using data retrieved from various agencies. Such a process is seen as increasing credibility, improving access, speeding application processing, and reducing verification efforts. Concerns of such a process regarding stability, availability, and ownership of data; as well as the impact of simplification are noted. Issues in the need analysis of students applying for financial aid are listed and briefly explained including: definition of "independent student," types of formulas for determining need, cost of attendance, demographics, income/income allowances, assets, other resources, professional judgment, and family savings effort. (DB)
Publication Type: Opinion Papers
Education Level: N/A
Audience: Administrators; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: National Association of Student Financial Aid Administrators, Washington, DC.
Identifiers - Laws, Policies, & Programs: Higher Education Act 1965