Abstract
To what extent does state policy for student financial aid affect the distribution of institutional aid awarded to students at public institutions? Using data from the National Postsecondary Student Aid Survey we employ a Tobit model to investigate the relationship between student characteristics, including family income and academic qualifications, and the amount of student financial aid awarded from institutional sources at public masters’ and bachelors’ degree granting institutions. We then ask if the institutional aid is awarded in a manner that complements or compensates for the student financial aid policy in the state. The results support our hypothesis that state policy for student financial aid affects the distribution of institutional aid, but instead of institutional compensation for state policy, we observe what appears to be compliance.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
