TAILIEUCHUNG - DISTRIBUTION AND PACKAGING OF STUDENT FINANCI AIDI,: SOMEr EVIDEN~C FROM THE SURVEY 0F THE HIGH SCHOOL CLASS.OF 1972

The tapping of the credit lines were happening at precisely the moment that the risk constraints were binding harder for the banking sector. Tighter value at risk constraints translated to higher shadow value of capital and hence to the desired contraction of balance sheets. Contracting balance sheets of hedge funds and other holders of ABCPs led to a fall in the demand for the liabilities issued by SIVs and conduits. In late July and early August, SIVs and conduits began to experience diffi culties in rolling over their short term liabilities. Furthermore, as credit lines got tapped, the balance sheet. | National Longitudinal Study DISTRIBUTION AND PACKAGING OF STUDENT FINANCIAL AID J SOME EVIDENCE FROM THE SURVEY OF THE HIGH SCHOOL CLASS OF 1972 NCES 77-252 DEPARMENT OF HEALTH EDUCATION AND WELFARE Joseph Á. Califano Jr. Secretary Education Division Mary F. Berry Assistant Secretary for Education National Center for Education Statistics Marie D. Eldridge Administrator milONAL CENTER FOR EDUCATION STATISTKs The purpose of the Center shall be to collect and disseminate statistics and other data related to education in the United States and in other nations. The Center shall . . . collect collate and from time to time report full and complete -statistics on the conditions of education in the United States conduct and publish reports on specialfeed analyses of the meaning and significance of such statistics . . . and review and report on education activities in foreign countries Section 406 b of the General Education Provisjons Act as amended 20 . 1221e-l . US. DEPARTMENT OF HEALTH EDUCATION AND WELFARE WASHINGTON 1977 DISTRIBUTION AND PACKAGING OF STUDENT FINANCIAL AID SOME EVIDENCE FROM THE SURVEY OF THE HIGH SCHOOL CLASS OF 1972 by Alan p. Wagner College Entrance Examination Board and Kenneth A. Tabler National Center for Education Statistics This report examines 1 the major sources of Federal financial aid to students in their first year of postsecondary education in the academic year 197273 2 the distribution of Federal aid by various student and institutional characteristics and 3 the distribution of non-Federal aid that students may get either in addition to or instead of Federal aid. Data for this report come from a sample of 10 189 respondents who participated in the first followup survey of the National Longitudinal Study of the High School Class of 1972 NLS and were enrolled full time during the 1972-73 academic year. Distribution of student Aid NLS estimates indicate that 52 percent of all fulltime freshmen received some kind of financial aid .

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