Student Financial Aid: Monitoring Aid Greater Than Federally Defined Need Could Help Address Student Loan Indebtedness

Abstract

Over half of the $80.4 billion in financial aid provided to college students in the 2000-01 school year came from the federal government in the form of grants and loans provided under Title IV of the Higher Education Act (HEA). To help finance their education, students and families may have received other funds from states, private groups or lenders, and/or the schools themselves. We initiated this study to, among other things, determine how often federal financial aid recipients received aid that was greater than their federally defined need and what cost or other implications might result from changing HEA to limit such aid.

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Document Details

Document Type
Technical Report
Publication Date
Apr 01, 2003
Accession Number
AD1179926

Entities

People

  • Cornelia M. Ashby
  • Doug Sloane
  • Joel Marus
  • John Mingus
  • Kathy Hurley
  • Kelsey Bright
  • Mary Crenshaw
  • Nagla'a El-hodiri
  • Patrick Dibattista
  • Wendy Turenne

Organizations

  • United States Government Accountability Office

Tags

DTIC Thesaurus Topics

  • Accounting
  • Congress
  • Data Sets
  • Department Of Defense
  • Education
  • Electronic Mail
  • Families (Human)
  • Governments
  • Job Training
  • National Governments
  • Probability
  • Rehabilitation
  • Scholarships
  • Schools
  • State Governments
  • Students
  • United States
  • United States Government
  • Universities
  • Urban Areas
  • Websites

Fields of Study

  • Education

Readers

  • Defense Financial Management and Audit.
  • Economics
  • Instructional Design and Training Evaluation.