Student Financial Assistance Equity Act of 1985

[AI summary unavailable — showing source text] Student Financial Assistance Equity Act of 1985 - Amends title IV (Student Assistance) of the Higher Eduction Act of 1965 (HEA) to direct the Secretary of Education (the Secretary) to conduct, publish, and disseminate an annual survey to determine average awards and types of awards to, and participation rates of, students receiving Federal student assistance, analyzed by age, gender, race, national origin, whether the student is disabled, and other appropriate subgroups. Revises provisions for supplemental educational opportunity grants (SEOG) and for work-study program funds to remove limitations on the portions of a higher education institution's SEOG allocation and work-study program funds which may be used for less-than-half-time students. Requires the institution to use for such SEOG and work-study program amounts that are reasonably proportionate to their need as compared to the need of students who are carrying at least one-half of the full-time academic workload. Removes the requirement that a student must be carrying or planning to carry at least one-half the normal full-time workload for the student's course of study, for purposes of eligibility for title IV student assis…