This report provides a brief overview of some of the trade and finance issues that may be of interest or continuing attention of the 115th Congress. During its 114th session, Congress faced numerous international trade and finance policy issues.

This report begins with a brief discussion of the history of each of the campus-based federal student aid programs (the Federal Supplemental Educational Opportunity Grant (FSEOG) program, the Federal Work-Study (FWS) program, and the Federal Perkins Loan program) and the formula used to allocate funds among IHEs participating in them. This is followed by a discussion of institutional and student participation in the programs relative to participation in other federal aid programs. The report concludes with a discussion of issues related to the campus-based programs that might garner attention as the 115th Congress considers reauthorization of the Higher Education Act (HEA).