This report presents and interprets findings with respect to the financial practices and attitudes of families of scholarship applicants. The data consisted of the questionnaire responses of parents of scholarship applicants entering college in 1957 and 1959. Families of respondents were found to be much more highly educated than the general population and of somewhat higher economic level, but very similar to other descriptions of families of college students. The students in the sample attended a wide variety of colleges, with somewhat of a concentration in private rather than public institutions.