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Federal Student Aid Need Analysis System: Background, Description, and Legislative Action

Description: A federal need analysis system underlies the annual allocation of billions of dollars (more than $73 billion in FY2005) in student financial aid supported by Title IV of the Higher Education Act (HEA) (P.L. 89-329, as amended). The system has regularly been characterized by many as too complex, creating a barrier for students seeking financial assistance, especially low-income students. This report provides an overview of the federal need analysis system, including a discussion of recent legislative changes and proposals.
Date: February 3, 2006
Creator: Mercer, Charmaine
Partner: UNT Libraries Government Documents Department