Analysis of the Office of Postsecondary Education's Prior, Prior Year (PPY) Income Proposal: PPY Has Serious Negative Implications for Equity, Burden and Program Integrity. Briefing Paper.

Institution	Advisory Committee on Student Financial Assistance, Washington, DC.
Titel	Analysis of the Office of Postsecondary Education's Prior, Prior Year (PPY) Income Proposal: PPY Has Serious Negative Implications for Equity, Burden and Program Integrity. Briefing Paper.
Quelle	(1997), (31 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Recht; Quantitative Daten; Comparative Analysis; Educational Finance; Eligibility; Family Financial Resources; Federal Aid; Financial Aid Applicants; Government School Relationship; Higher Education; Need Analysis (Student Financial Aid); Parent Financial Contribution; Paying for College; School Business Officials; Student Financial Aid Officers; Student Loan Programs; Tables (Data) + Suchen Sie Ihr Suchwort? Bildungsfonds; Eignung; Antragsteller; Hochschulbildung; Hochschulsystem; Hochschulwesen; Demand analysis; Bedarfsanalyse; Studienfinanzierung; Tabelle
Abstract	This paper assesses the likely impact of proposed changes in the Office of Postsecondary Education's method of calculating parental base-year income on determining eligibility for student financial aid. In examining applicant data the study concludes that the change to use of prior, prior year (PPY) income is not a good proxy for the current prior year (PY) data. It notes that: (1) at the individual student/family level, PPY either over- or underestimates income for approximately 63 percent of all aid applicants; (2) at the institutional level, almost half the cases will require recalculation of need ; (3) at the state level, many states will be forced to collect PY income on a supplemental form; and (4) at the federal level, the over- or underestimates of income with PPY will create several serious consequences, among them redistribution of federal aid from more needy to less needy families. The report discusses each of these findings in detail. Three appendixes provide: comparative data on Title IV applicant total family income; comparative data on the number and percent of applicants with income changes; and show how the proposed changes would impact upon one public institution. (CH)
Erfasst von	ERIC (Education Resources Information Center), Washington, DC