As part of a series of hearings on the reauthorization of the Higher Education Act of 1965, testimony was heard over 3 days on the integrity of the federal student financial assistance programs. In the course of addressing this issue witnesses testified the first day about public confidence in the programs, accreditation of schools and their eligibility for participation in federal programs, the cost of student loan defaults, for-profit trade schools, minority participation in higher education, and suggestions for reform. In addition to this testimony, the texts of three bills addressing reform of the Higher Education Act are presented: House of Representatives Bills numbered 327, 1118, and 2246. The second day heard officials from various federal agencies connected with the federal student financial aid programs, including the Deparment of Education and the General Accounting Office. The third day of testimony drew witnesses from state guarantee agencies, state approving agencies for Veterans Administration programs, state higher education officers, and the Council of Post-secondary Accreditation as well as witnesses to address college athletics financial disclosure and public accountability. Also included are the texts of the bills introduced, letters, supplemental materials, and the prepared statements of the witnesses and of others who were not able to appear. (JB)