ERIC Number: ED443359
Record Type: Non-Journal
Publication Date: 1999-Oct-15
Reference Count: N/A
Review of Undergraduate Student Financial Aid in Virginia's Public Institutions. Report of the Joint Legislative Audit and Review Commission to the Governor and the General Assembly of Virginia. House Document No. 11.
Virginia State General Assembly, Richmond. Joint Legislative Audit and Review Commission.
This study, mandated by Virginia law in 1999, reviews need-based student financial aid programs. The mandate specifies that the study must review policies and implementation strategies used in other states; present alternative policies and administrative structures for need-based programs in Virginia; provide alternatives for a simplified, equitable, need-based financial aid program for students and parents; and examine merit and incentive scholarship plans and make recommendations regarding their application in Virginia. Following the introduction, which examines need- need-based aid in Virginia, separate chapters examine the current state financial aid system, including eligibility criteria, institutional award schedules, and government oversight regulations; assess alternatives for need-based financial aid; and review merit and incentive scholarship programs and their application in Virginia. The study found that the state could improve administration of its programs by better articulating policy; monitoring the awarding of state grants to eligible students; identifying students who did not receive the aid for which they were eligible; and calculating the amount needed to fully fund grants to eligible students. Five appendixes include the study mandate, and present data on financial aid by institution; other need-based programs; need-based processes in other states; states' funding of programs; and state agency responses to the study findings. (RH)
Descriptors: Access to Education, Educational Finance, Eligibility, Financial Aid Applicants, Government School Relationship, Grants, Higher Education, Merit Scholarships, Need Analysis (Student Financial Aid), No Need Scholarships, Paying for College, Scholarship Funds, State Aid, State Programs, Student Financial Aid, Student Loan Programs, Undergraduate Students
Joint Legislative Audit and Review Commission, Suite 1100 General Assembly Building, Capitol Square, Richmond, VA 23219; Tel: 804-786-1258; Fax: 804-371-0101; Web site: http://jlarc.state.va.us.
Publication Type: Reports - Evaluative
Education Level: N/A
Authoring Institution: Virginia State General Assembly, Richmond. Joint Legislative Audit and Review Commission.
Identifiers - Location: Virginia