Campus-Based Aid Partnerships
Although campus-based programs were always intended to give institutions governance over financial aid, the ways in which funds are distributed to institutions have changed throughout the decades.
The National Defense Education Act created the Federal Perkins loan program, originally known as the National Defense Student Loan (NDSL) program, which provided low-interest loans to low-income students for college. Loans were distributed via institutions rather than made directly to students.
The Economic Opportunity Act created the Federal Work-Study (FWS) program, originally known as the College Work-Study (CWS) program. FWS provided funding for part-time employment either on- or off-campus to help low-income students cover the cost of postsecondary education.
The Higher Education Act of 1965 created the Federal Supplemental Educational Opportunity Grant (FSEOG), originally known as the Educational Opportunity Grant (EOG). These grants went to undergraduate students who demonstrated “exceptional financial need.” The Federal Perkins loan program and FWS were transferred to the HEA.