Paying for College: Changes Between 1990 and 2000 for Full-Time Dependent Undergraduates, Findings from The Condition of Education 2004
At the same time, federal, state, and institutional fi nancial aid to students expanded (The College Board 2003a), and important changes were made in the structure of the fi nancial aid system. At the federal level, the 1992 Reauthorization of the Higher Education Act expanded students’ eligibility for need-based aid, raised student loan limits, and introduced unsubsidized loans for students regardless of their need.
