Financial Aid Packages and College Enrollment Decisions: An Econometric Case Study
We study the effects of a change in financial aid policy introduced by a Northeastern university in 1998. Prior to that time, the university's financial aid packages for low-income students consisted of grants, loans, and campus jobs. After the change, the entire loan portion of the package for low-income students was replaced with grants. We find the program increased the likelihood of matriculation by low-income students by about 3 percentage points, although the effect is not statistically significant. The effect among low-income minority students was between 8 and 10 percentage points and statistically significant at the 10 percent level.
(This abstract was borrowed from another version of this item.)
|Date of creation:||Nov 2001|
|Date of revision:|
|Contact details of provider:|| Postal: Firestone Library, Princeton, New Jersey 08544-2098|
Phone: 609 258-4041
Fax: 609 258-2907
Web page: http://www.irs.princeton.edu/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Feldstein, Martin, 1995.
"College Scholarship Rules and Private Saving,"
American Economic Review,
American Economic Association, vol. 85(3), pages 552-66, June.
- Susan M. Dynarski, 1999.
"Does Aid Matter? Measuring the Effect of Student Aid on College Attendance and Completion,"
NBER Working Papers
7422, National Bureau of Economic Research, Inc.
- Susan M. Dynarski, 2003. "Does Aid Matter? Measuring the Effect of Student Aid on College Attendance and Completion," American Economic Review, American Economic Association, vol. 93(1), pages 279-288, March.
- Dynarski, Susan, 2001. "Does Aid Matter? Measuring the Effect of Student Aid on College Attendance and Completion," Working Paper Series rwp01-034, Harvard University, John F. Kennedy School of Government.
- Dynarski, Susan, 2000.
"Hope for Whom? Financial Aid for the Middle Class and Its Impact on College Attendance,"
National Tax Journal,
National Tax Association, vol. 53(n. 3), pages 629-62, September.
- Susan Dynarski, 2000. "Hope for Whom? Financial Aid for the Middle Class and Its Impact on College Attendance," NBER Working Papers 7756, National Bureau of Economic Research, Inc.
- Ronald G. Ehrenberg & Daniel R. Sherman, 1984.
"Optimal Financial Aid Policies for a Selective University,"
Journal of Human Resources,
University of Wisconsin Press, vol. 19(2), pages 202-230.
- Ronald G. Ehrenberg & Daniel R. Sherman, 1982. "Optimal Financial Aid Policies for a Selective University," NBER Working Papers 1014, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:pri:indrel:dsp01m900nt41h. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bobray Bordelon)
If references are entirely missing, you can add them using this form.