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Abstract

Two essential tools for' anyone working with the World Wide Web are a crystal ball and a seat belt. The seat belt may keep you grounded in this fast-paced industry, but it may not help you keep your job. The World Wide Web is fundamentally changing how the world transacts business. The number of Web users rises daily; Internet traffic doubles every 100 days. The Web is becoming standard operating procedure for many businesses-from booksellers to mortgage companies. What about student financial aid? That is where a crystal ball will come in handy. Even the savviest Web consultants cannot tell you what the future will hold a year from now for any Web endeavor. The rate of technological change is staggering. In a couple of years, financial aid offices may implement new technology of which no one has yet dreamed. This article will attempt to do the impossible. By reviewing case histories from other industries and noting changes to the financial aid landscape, the next few pages should offer some order to the chaos brought on by rapid technological change and note some opportunities the Web may hold for the realm of student financial aid.

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