Education Commons^™

Editor's Column, Jacob P. K. Gross

Journal of Student Financial Aid

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Addressing Information Gaps: Disparities In Financial Awareness And Preparedness On The Road To College, Casey George-Jackson, Melanie Jones Gast

Journal of Student Financial Aid

The rising cost of higher education and questions of affordability are concerns for many families in the United States, but particularly for those from traditionally underrepresented backgrounds. The knowledge of, information about, and perceptions related to how to pay for college can impact preparatory actions taken by families to prepare to pay for college. This commentary reviews literature published on pre-college financial awareness and preparation between 2000 and 2013 to examine what we know about the topic and to highlight existing disparities by race, ethnicity, and socioeconomic status. Implications are offered for programs and policies seeking to address these inequities, …

Editor's Column, Nick Hillman

Journal of Student Financial Aid

Editor's Column for Volume 44, Issue 3, 2014.

Financial Need And Aid Volatility Among Students With Zero Expected Family Contribution, Robert Kelchen

Journal of Student Financial Aid

Students with a zero expected family contribution (EFC) are those with the greatest financial need and least ability to pay for college and now make up more than one in three American undergraduate students. Yet little is known about the year-to-year financial aid volatility of these students, or whether it varies by how the zero EFC was determined. I use nationally-representative data to examine trends in zero EFC receipt over time and then use student-level data from nine colleges and universities to examine zero EFC stability over multiple years by zero EFC status. The results indicate overall stability in zero …

Book Review: What Excellent Community Colleges Do: Preparing All Students For Success, Sylvia F. Ramirez

Journal of Student Financial Aid

In What Excellent Community Colleges Do: Preparing All Students for Success, Joshua Wyner offers atypical response to the problems that tend to plague community colleges; insufficient state support and underprepared students. Reviewer discusses Wyner's case studies, suggestions, and ethical impacts of the innovative ideas offered in the book.

Student Loan Default: Do Characteristics Of Four-Year Institutions Contribute To The Puzzle?, Karen L. Webber, Sharon L. Rogers

Journal of Student Financial Aid

College student debt and loan default are growing concerns in the United States. For each U.S. institution, the federal government is now reporting a cohort default rate, which is the percent of students who defaulted on their loan, averaged over a three-year period. Previous studies have amply shown that student characteristics are strongly associated with educational debt and one’s ability to repay student loans; however, few studies have deeply examined the relationship between institutional characteristics and student loan default. This study examined characteristics of 1,399 four-year notfor-profit U.S. institutions and found significant differences in the 2010 federal student loan default …

Book Review: Confessions Of A Community College Administrator, Valerie Culler Edd

Journal of Student Financial Aid

Confessions of a Community College Administrator by Matthew Reed provides readers with an overview of many of the practical day-to-day challenges encountered by community college administrators. The author has more than 10 years of experience working in the community college sector and is also the author of a popular blog, Confessions of a Community College Dean, which is featured regularly in InsideHigherEd.com. Reed’s approach in Confessions of a Community College Administrator is to educate future leaders of community colleges on current and long-term challenges for the sector, by sharing many of his own experiences in the roles of a community …

A Comparative Study On Need-Based Aid Policy In Higher Education Between The State Of Indiana And Taiwan, Ching-Hui Lin, Don Hossler

Journal of Student Financial Aid

The question of how the government can best support access to postsecondary education has become a critical issue for education policymakers around the globe, as the practice of cost sharing for funding postsecondary education has been more widely adopted. In this context, this study explores the approaches to implementing current need-based financial aid policies in higher education in Indiana and Taiwan using G.Z.F. Bereday’s (1964) comparative method as the framework. Using a comparative cross-national perspective, the authors explored cost sharing, Rawls’ theory of social justice, and the economic principles of horizontal and vertical equity.

This review revealed that need-based aid …

A History Of Financial Aid To Students, Matthew B. Fuller

Journal of Student Financial Aid

The history of financial aid in higher education covers a board range of philanthropic-, scholarship-, and loan-based approaches. This article comprehensively covers the history of American financial aid to students from influences of European medieval institutions to contemporary aid systems. A broad history of financial aid is covered, revealing an evolution from a system primarily based upon local philanthropic efforts, to a more formal system of scholarships and grants, to, finally, a complex federal system of loans. As the history of financial aid is chronologically covered, attention is paid to describing how financial aid policies and practices were a response …

The “Gainful Employment Rule” And Student Loan Defaults: How The Policy Frame Overlooks Important Normative Implications, Gabriel Serna

Journal of Student Financial Aid

In this essay I examine the empirical considerations and normative aspects that such a proposal engenders and how the policy frame, while useful, misses important normative implications for aid policy. Specifically, I will analyze the policy’s proposed goals, and the normative implications that adoption of such measures entails; which have been omitted from the policy debate. I will also consider how empirical or economic implications have taken center stage in the process of defining the policy’s image and the potential negative consequnces this creates.

Editor's Column, Jacob P.K. Gross

Journal of Student Financial Aid

No abstract provided.

Editor's Column, Jacob P.K. Gross

Journal of Student Financial Aid

No abstract provided.

A Financial Aid Competency Model For Professional Development, Neil Woolf, Mario Martinez

Journal of Student Financial Aid

This research explores the competencies that financial aid officers need to be successful in their jobs. A survey of 30 competencies was distributed to 508 financial aid officers in the Western United States. Respondents were asked to rate 30 job competencies for their relative importance and frequency of use. Using exploratory factor analysis, the emergent competency model was a four-factor solution that groups competencies that are 1) External to Organization, 2) Interpersonal in Nature, 3) Related to Data Analysis, and 4) Related to Project Management. The four-factor solution showed some overlap with another existing competency model for higher education analysts. …

Barriers To Need-Based Financial Aid: Predictors Of Timely Fafsa Completion Among Low-Income Students, Mary Feeney, John Heroff

Journal of Student Financial Aid

Access to financial aid is dependent on a variety of factors, including the time of application; the earlier students apply for financial aid, the greater their access to institutional and often state resources. We use the Illinois Monetary Award Program (MAP) as a case for investigating the economic, social, and academic factors that affect application timeliness, and in turn, access to need-based financial aid. We analyze a stratified sample of 4,000 low-income students who completed the 2003-04 Free Application for Federal Student Aid (FAFSA) and assess the relationships between Expected Family Contribution (EFC), first-generation status, and academic performance in order …

The Kalamazoo Promise: A New Twist On Tuition Guarantees, Nathan J. Daun-Barnett

Journal of Student Financial Aid

In 2005, Kalamazoo, Michigan launched a bold and innovative economic development strategy, The Kalamazoo Promise (KP), which guarantees tuition to every high school graduate in the district. Since KP inception, high school enrollments are up and college attendance has increased, creating national attention. This paper analyzes the benefits and limitations of six types of tuition guarantees, including KP. For those communities hoping to emulate the success of KP, they should recognize that tuition guarantees are neither a new concept nor work equally well across the board. However, drawing from this paper’s analysis, broad themes of examining the nature, scope, and …

Book Review: Privatization And The Public Good: Public Universities In The Balance, Amanda Rutherford

Journal of Student Financial Aid

n/a for book review

An Examination Of The Relationship Between Various Methods Of Financing College Costs And Academic Achievemet, Kenneth Ostberg

Journal of Student Financial Aid

(Not available)

The Financial Aid Administrator And The Law, Charles T. Bargerstock

Journal of Student Financial Aid

(Not available)

The University Of California, Irvine Is Infamous (Irvine's New Financial Aid Management On-Line University System), Otto W. Reyer, Hiroshi Ueha

Journal of Student Financial Aid

(Not available)

The Role Of The Financial Aid Office As A Student Service, Karen L. Pennell, Faron W. Hurst

Journal of Student Financial Aid

(Not available)

Student Part-Time Jobs: The Relationship Between Type Of Job And Academic Performance, Surjit K. Bella, Mary E. Huba

Journal of Student Financial Aid

(Not available)

What Should A Regional Association Do For Its Members?, Kingston Johns Jr.

Journal of Student Financial Aid

Institutional financial aid administration is at the crossroads. Se­lecting the directions to go is both an opportunity for and a responsibility of regional associations. In broad terms, the answer to the question, "What should a regional association do ·for its members?" is to select the directions to go. In specific terms, there are three categories of activities a regional association should conduct for its members. They are (1) organizational, administrative, and political activities; also activities labeled as (2) unfinished business; and (3) professional development and personal benefits. Perhaps, as the activities are out­lined, readers will note some fine line distinctions. …

Collecting National Defense/Direct Student Loans: Is It A Financial Aid Office Responsibility, John S. Swift Jr.

Journal of Student Financial Aid

Annually, millions of dollars are not available to reloan because colleges are not making a real­ly sincere effort to collect the loans past due and delinquent. Catching up on the accounts which have become delinquent is the hardest job because of the time it takes. But once you are current, keeping ahead of borrowers whose accounts become delinquent is not as difficult or as time consum­ing. The hurdles, in the order in which they exist, are to accept the situ­ation, to coordinate collection, and to begin contacting those in arrears. The rewards are well worth the time and the cost.

A Taxonomy Of Objectives For The Training Of Financial Aid Administrators, Francis H. Delaney Jr., Gary L. Hylander, Ruth Karp, Richard J. Lange

Journal of Student Financial Aid

The training of financial aid administrators is mostly informal and is accomplished by the workshop and apprenticeship method. There are few training programs specifically for financial aid administrators and these in­clude occasional two-week summer school institutes which have been sponsor­ed by the U.S. Office of Education in coordination with a university or the various state financial aid associations. Occasionally, a financial aid admin­istrator is able to "wing" a financial aid training program in a Master's or Doctoral program in the Student Personnel area; but, beyond having a few specific courses in financial aid administration, the candidate may engage in a …

Which Students Do Not Repay College Loans?, L. Baker Pattillo Jr., Harry V. Wiant Jr.

Journal of Student Financial Aid

Delinquency in this loan program has been of considerable concern. The study reported here was made to determine if information provided on loan applications may be used to predict which students tend to become delin­quent in loan repayment.