Impact Of Financial Aid Research Articles

The Impact of Financial Aid on High-Achieving, Low-Income Students: Evidence from France

The Impact of Financial Aid on High-Achieving, Low-Income Students: Evidence from France

The impact of financial aid on student departure and graduation: propensity score matching

The purpose of the study was to evaluate the impact of the financial aid programme aimed at discounting tuition fees at one of Venezuela’s first private universities on early and late student departure, both from the degree programme and the institution, as well as on graduation. The propensity score matching was used by calculating the average treatment effect estimator under parametric and non-parametric methodologies such as nearest neighbours, Kernel, or local linear regression. The results indicate that although there is evidence of the programme exerting a positive impact on early student departure to a greater extent (reductions between 8% and 15%), the impact tends to be considerably less when it comes to reducing late student departure (between 1% and 5%), and it had no impact on graduation.

The Impact of Financial Aid on Associate Degree Attainment for Rural Community College Students: A Comparison of Rural, Urban, and Suburban Patterns

Objective: Increasing rural community college degree attainment is very important to foster rural areas’ economic and social well-being. Rural community colleges differ greatly from their suburban and urban counterparts in financial aid patterns and student bodies. However, existing literature is vacant with respect to student financial aid and degree attainment in rural community colleges. The objective of this study was to examine the relationship between financial aid and associate degree attainment for rural community college students and compare the financing patterns of the three locales. Method: Using data from Beginning Postsecondary Students Longitudinal Study (BPS:04/09), we performed a series of logistic regression models that include financial aid variables and control variables from psychological, sociological, organizational, and internationalist perspectives. Results: We found rural community college students exceeded other locales in degree attainment. Logistic regression results reveal insignificant roles of Pell Grants and Federal Subsidized Loans, and negative role of Federal Unsubsidized Loans in associate degree attainment for rural community college students. Contributions: The results suggest that public subsidies, such as Pell Grants, were not sufficient to cover rural students’ unmet need for financing degree attainment, and that rural students are more cost-conscious in borrowing and spending than their suburban and urban counterparts.

Rethinking the Cooling Out Hypothesis for the 21st Century: The Impact of Financial Aid on Students’ Educational Goals

Background:Most community college students from low-income families have ambitious educational degree goals, but only a small fraction attains them. For many decades, sociologists have primarily attributed this problem to a cooling out process in which college practitioners diminish students’ educational ambitions using academic reorientation processes that encourage the least-promising students to lower their degree goals. The cooling out explanation focuses exclusively on the actions of institutional community college actors rather than other factors affecting student decisions and thus has been used to vilify community colleges as engines of inequality.Objective:This article addresses an alternative hypothesis, considering whether student financial aid, the ubiquitous and multifaceted system that community college actors mainly do not control, influences students’ educational goals.Method and Results:Using data from an experimental study of need-based financial aid in Wisconsin, I find that a private grant program, which triggered a repackaging of students’ financial aid awards, decreased the educational degree aspirations and expectations of 2-year college students, on average.Contributions and Implications:Although counterintuitive, this finding is consistent with the idea that the complex manner in which aid is delivered creates confusion and uncertainty about the actual costs of college. While these lowered degree goals persisted over time, they did not affect degree attainment rates, suggesting students’ expectations may be more malleable and less consequential than prior research suggests. This article demonstrates that the observed cooling out phenomenon is not necessarily the result of a meritocratic sorting system and involves processes previously neglected by sociological theory. A more robust model of college choices is needed.

Impact of financial aid as scholarships on educational attainment and quality of life among Muslim adolescent girls in madrasas

Impact of financial aid as scholarships on educational attainment and quality of life among Muslim adolescent girls in madrasas

Reducing Income Inequality in Educational Attainment: Experimental Evidence on the Impact of Financial Aid on College Completion

Income inequality in educational attainment is a long-standing concern, and disparities in college completion have grown over time. Need-based financial aid is commonly used to promote equality in college outcomes, but its effectiveness has not been established, and some are calling it into question. A randomized experiment is used to estimate the impact of a private need-based grant program on college persistence and degree completion among students from low-income families attending 13 public universities across Wisconsin. Results indicate that offering students additional grant aid increases the odds of bachelor’s degree attainment over four years, helping to diminish income inequality in higher education.

The impact of financial aid on Native American students.

The impact of financial aid on Native American students.

The Impact of Financial Aid on the Enrollment and Retention of Student Athletes at National Collegiate Athletic Association (NCAA) Division III Colleges and Universities: A Review of the Literature

This article aims to review current literature on the enrollment and retention of student athletes at NCAA Division III institutions. However, the review identifies very few studies that specifically focused on Division III programs and none that looks at the influence of financial aid on the enrollment and retention of student athletes at Division III institutions. Discussing and connecting research from student athletes’ experiences at Division I institutions as well as research on influences of student aid on college students, this literature review offers some insight on how student aid might influence college enrollment and retention for student athletes at Division III institutions.

The Impact of Financial Aid on College GPA at Three Flagship Public Institutions

Academic achievement in higher education is an important current policy issue because institutions are under public pressure to justify state subsidies and rising tuitions with demonstrable gains in student learning. This article uses data from three flagship public universities to examine the effects of financial aid on first- through fourth-year college grade point average. The findings indicate that need-based aid and merit-based aid both have positive effects throughout college, and thus colleges may be able to use financial policy levers to increase academic achievement. However, since the effect of merit aid is larger than that of need-based aid, institutions may have incentives to reallocate aid and admissions spots from needy to merit students unless appropriate safeguards are adopted.

The Effect of Price on Within-Year Persistence

Researchers disagree on the impact of financial aid on student persistence. This paper describes the development and testing of an econometric model that allows any institution to study the effect of aid and other variables on within-year persistence. Among the five conclusions reached are that both the total amount of aid, and the amounts of grants and loans are significant in promoting persistence.

The Pursuit of Inclusion: Recent Trends in Minority Enrollments in Higher Education

Using "Fall Enrollments" and "The American Freshman" survey data, this article addresses two related questions: How has the ethnic-racial composition of various types of higher educational institutions changed in recent years, and how have chances of attending various types of institutions changed for students from different ethnic-racial backgrounds? Within the higher education system, the signs of stability outweighed the signs of change. The racial composition of the student bodies at 2-year and 4-year institutions was remarkably similar throughout the 1980s. The distribution of students from each minority group among the main divisions of the system also remained largely steady, suggesting that no group "traded down" in the educational hierarchy to cope with rising costs. At the elite Intitutions, Blacks did not lose ground but remained underrepresented; the greater ethnic-racial diversity at these institutions largely reflected an infusion of Asian-American students. In light of these data, explanations of minority enrollments that stress the impact of financial aid or political struggle are open to question.

Socioeconomic status and psychological distress: The impact of financial aid on economic problem severity

Most epidemiologic studies of race and psychological distress are conducted on data sets containing few black respondents. As a result, the amount of data on risk groups within the black population is limited. Furthermore, the epidemiologic information that we do have is usually confined to demographic correlates of distress only, with no appreciation for exploring variables which might link race and socioeconomic status to psychological distress. In this paper, data are analyzed from the National Survey of Black Americans, a nationally representative sample of the adult black population. The paper explores how help seeking and receipt of financial assistance impact upon psychological distress among blacks with economic problems. Results revealed that while 89% seek outside help, only 21% are successful in obtaining financial assistance. Regression analyses revealed that receipt of financial assistance does not eliminate the negative relationship between socioeconomic status and distress. Results did show, however, that the ability to obtain money decreases distress by reducing the severity of the economic problem. The implications for how psychiatric epidemiology can be used as a basis for public health-related interventions among blacks are discussed.

Student aid and college attendance: Where are we now and where do we go from here?

This paper summarizes the research findings presented in this issue, outlines the gaps in our knowledge and suggests implications for our policy on student aid. The impact of financial aid on enrollments, tuition and expenditures at colleges and universities, is examined in the light of models of institutional behavior. Issues such as the distribution of aid to targeted subgroups (e.g. minorities and low SES households), the definition of financial independence, the possibility of excessive borrowing and the shift from need-based to merit-based aid are analyzed.

The Impact of Financial Aid on Ethnic Minorities

The “great society” financial aid programs were highly successful in raising the curve of minority participation. In the late ’70s, however, the curve flattened and has now begun to descend as college costs outpace student financial aid. The most promising strategy for overcoming the current decline in the rate of minority participation involves improving academic performance among low income and minority students.

The Impact of Financial Aid on Student Persistence

The Impact of Financial Aid on Student Persistence

The impact of financial aid on women's demand for higher education

The Educational Amendments of 1972 marked a new direction in public policy regarding the scope and purpose of financial aid to higher education. Aid became more “student-oriented,” and equality of opportunity for higher education became a goal. This empirical study with national longitudinal data has made a start in policy evaluation of the effect of the 1972 Educational Amendments on the higher education acquired by young women. The most important result of financial aid receipt for young women is that those who received aid averaged 0.64 more years completed of higher education and averaged .145 greater graduation probability than similar women who did not receive aid. These results were obtained in multiple regression models in which the effects of marital status, parental background, geographic locations and economic characteristics, and tuition level were controlled for. These results suggest that policy attempts to stimulate the higher education acquired by enrolled young women by increasing the availability of financial aid are well founded.

The Impact of Financial Aid on Student Demand for Public/Private Higher Education

The Impact of Financial Aid on Student Demand for Public/Private Higher Education

The Impact of Financial Aid Upon Equality of Opportunity in Higher Education

The Impact of Financial Aid Upon Equality of Opportunity in Higher Education