A Narrative Literature Review Addressing the Relationship between Students Enrollment and Campus-Based Financial Aid in United State of America

doi:10.7176/jep/12-34-02

Abstract

This article utilizes narrative literature review method to examine the impactful effect of financial aid on students’ enrolment in general. As part of the narrative literature review analysis a Boolean search of 50 articles met the criteria for inclusion. In relation to the literature search, the data collection procedure considered the first and second authors of the completed simultaneous electronic and ancestral searches for peer-reviewed articles by using the following online databases: APA-PsycINFO, Education Research Complete (ERC), Education Resources Information Center (ERIC), Education Index, Education Full Text, Crossref, IndexCopernicus, and SPORTDiscus as well as Google scholar and advanced Google scholar. As part of the findings for the study utilized for the article, many scholars made specific inferences to the campus-based financial aid in their studies as the main fiscal management determinants of students’ enrollment. Out of the fifty articles, 25 of the researchers, thus 50%, underscored and also perceived fiscal management as a determinant of students’ enrolment by utilizing the concept of campus-based financial aid availability or tuition waiver. Researchers of 25 articles—thus 50% -- explicitly stated that participants had difficulty connecting financial aid availability with students’ enrolment. A total of 13 (25%) researchers have explained in their research that student’ and management teams were able to make the connection between financial aid availability and students’ enrolment (or choice of school). Above all, the article has unearthed implications as well as made cogent suggestion for future research in order to contribute to overall educational policy of society. Keywords: Students’ enrolment, financial aid, fiscal management, tuition cost, realist, idealist, HBCU, and education. DOI: 10.7176/JEP/12-34-02 Publication date: December 31 st 2021

Highlights

Educationist and policymakers have been concerned about the unequal access to higher education across demographic groups, coupled with the general population’s overall level of educational attainment
Studies focusing on other types of enrolment management strategies without relying on financial aids. (b) Study content included focus on campus-based financial aids, fiscal management, tuition cost, and grants available on campuses within the higher education settings
It is difficult to separate the impact of tuition on student enrollments from the effects of student financial aid

Summary

INTRODUCTION

Educationist and policymakers have been concerned about the unequal access to higher education across demographic groups, coupled with the general population’s overall level of educational attainment. An Ivy League college or institution, with a very deep applicant pool, does not necessarily have to offer as much financial aid to induce students to enroll as compared to a regional, less wellknown private college, with a smaller applicant pool might have to offer a lot of financial aid programs in order to entice students’ (Kongolo, 2012; Hossler, Schmit, and Vesper, 1998) Towards this end, this is not to say idealists disdain social action or structural actions. (b) Study content included focus on campus-based financial aids, fiscal management, tuition cost, and grants available on campuses within the higher education settings. Students who plan to live at home to attend a commuter campus have a price threshold that is very different from students considering rural residential institutions (see Table 1 for more details)

Understanding tuition cost waiver

Financial Ad Prospect and Accessibility

Findings

Conclusion