A Study of Student Financial Aid in Virginia.

In response to a legislative resolution, the State Council established a Student Financial Aid Study Advisory Committee composed of public and private college representatives and outside consultants to develop a comprehensive study of student financial aid programs in higher education in Virginia. This study makes available for the first time an inventory of financial aid currently available to students in Virginia colleges and universities. Divided into 4 parts, the study provides: 1) an evaluation of present student financial aid policies and practices; 2) a discussion of financial aid philosophy; 3) an evaluation of the adequacy of existing aid programs; and 4) a proposal for broadening financial support to meet present and projected student financial aid needs. The conclusion is that Virginia faces a major challenge if it is to keep pace with other states in providing opportunities to attend college and if it is to meet the future need for a well-trained labor force. Tables and a bibliography are included. (DS)