THIS REPORT, THE EIGHTH IN A SERIES OF STUDIES ON THE NEW HOPE PROJECT, DISCUSSES THE PROJECT'S EFFECT ON THE WELFARE ROLLS OF STANISLAUS COUNTY, CALIFORNIA. NEW HOPE PROPOSES TO EDUCATE WELFARE RECIPIENTS BY MODIFYING THEIR ATTITUDES AND DEVELOPING SKILLS NECESSARY FOR THEM TO BECOME CONTINUOUSLY EMPLOYED. INSTRUCTION INCLUDES BASIC EDUCATION, VOCATIONAL TRAINING, AND PERSONAL DEVELOPMENT CLASSES. THE INFORMATION AND ENSUING DISCUSSIONS PRESENTED IN THIS REPORT (1) DETERMINE IF THE PROGRAM AFFECTS WELFARE ROLLS IN ANY WAY, (2) SURVEY THE AMOUNTS OF THE FINANCIAL NEEDS OF AND THE WELFARE GRANTS TO TRAINEES BEFORE, DURING, AND AFTER EDUCATION, (3) EXAMINE THE TOTAL AMOUNT THAT THIS PROJECT SAVED PUBLIC FUNDS DURING ITS 1ST YEAR SINCE SOME PARTICIPANTS LEFT THE WELFARE ROLLS AFTER INSTRUCTION AND OTHERS REDUCED THEIR GRANTS THROUGH PART-TIME WORK, AND (4) IDENTIFY THOSE FACTORS WHICH DIFFERENTIATE INDIVIDUALS WHO LEFT WELFARE ROLLS AFTER TRAINING FROM THOSE WHO STAYED ON. IN PRESENTING THIS INFORMATION, THE REPORT DISCUSSES THE TRAINEES' EDUCATIONAL BACKGROUNDS, EMPLOYMENT EXPERIENCE, FAMILY SIZE, PERFORMANCE ON THE GENERAL APTITUDE TEST BATTERY, AND PREVOCATIONAL TRAINING. (CL)