Abstract
The Student Talent Enrichment Program was an experimental grant program conducted at a major research university to improve underfunded students’ retention outcomes. This program provided scholarships to 151 first-year students with $5,000 or more in unmet financial need. Participants received a one-time grant in the fall of 2017, with award amounts ranging from $2,500 to $10,000. Grant recipients' retention rates exceeded the control group by small margins. However, these grants failed to make a difference only among the few grantees already in academic jeopardy. For grant recipients who had early GPAs of at least 1.5 prior to receiving financial awards, term-to-term retention rates surpassed the control group by a substantial, expected, and statistically significant margin.
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