The purpose of the Association shall be:
To promote the professional preparation, effectiveness, recognition and association of:
To serve effectively the interests and needs of students, educational institutions, government agencies, and sponsors through coordination of plans and programs pertinent to student financial aid.
To assist educational institutions, government agencies, foundations, and private and community organizations to promote and develop effective programs for student financial aid.
To facilitate communication between educational institutions and sponsors of student financial aid.
To promote such systematic studies, cooperative experiments, conferences, and other related activities as may be desirable or required to fulfill the purpose of the Association.