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1.
This paper assesses the effectiveness of financial aid in promoting the persistence of black and Hispanic students admitted to the most selective colleges and universities in the United States to complete their college education. To explore whether more dollars of aid enhance graduation, the analysis separates two constructs—aid eligibility and aid amount—when assessing their influence on graduation likelihood of these students. Using the College & Beyond (C&B) database and implementing an IV/LATE analytical strategy, I find that although need-based aid eligibility is negatively related to graduation likelihood, aid amounts exert a positive influence on graduation, conditional on eligibility for aid. Among types of aid, grants and scholarships have the most positive effect on graduation. The results also indicate that financial aid amounts help equalize initial racial and ethnic differences in graduation likelihood. Minority students’ graduation likelihood is found to be more sensitive to the amount of financial resources they secure, especially in the form of grants and scholarships, than that of their white counterparts.  相似文献   

2.
ABSTRACT

A college degree is often viewed as a key step toward better employment and higher earnings. Many community college students, however, never graduate and cannot reap the financial benefits associated with a college degree. Although existing research suggests that financial aid interventions can modestly improve students' short-term academic outcomes, there is little rigorous evidence on the critical question of whether such interventions improve graduation rates or employment outcomes. This study helps to fill that gap using a randomized controlled trial involving over 2,000 community college students in Ohio. It focuses on a student population composed predominantly of low-income mothers. The study includes four years of post-random assignment data to examine the long-term impact of a performance-based scholarship program—financial aid that is contingent on academic performance—on degree receipt, employment, and earnings. The findings provide evidence that the one-year program made a lasting impact on students' credit accumulation—still evident after four years—and decreased the time it took students to earn a degree, but the study does not provide evidence of impacts on employment outcomes.  相似文献   

3.
Community colleges play a major role in postsecondary education, yet previous research has emphasized the impact of merit aid on four-year students rather than two-year students. Furthermore, researchers have focused on the impact of merit aid on enrollment and outcomes during college, but to my knowledge, none have yet considered the impact of aid on earnings after college. This paper utilizes discontinuities in eligibility criteria for a large merit scholarship to examine the local impact of aid on student outcomes both during college and after college. The findings suggest that reducing the cost of community college does not impact persistence, academic performance, degree completion, expected earnings, or short-term earnings after college for marginally eligible students.  相似文献   

4.
Many institutions of higher education increasingly are concerned with retention and graduation rates. Focusing on private Baccalaureate Liberal and General colleges and universities, the purpose of this study was to examine the relationship between institutional selectivity and institutional expenditures and retention and graduation rates. Framed by Berger’s (2001–2002) view that organizational behavior can impact student departure, this inquiry examined if expenditures for instruction, academic support, student services, facilities, institutional support, and institutional grants (i.e. student financial aid) could predict retention and graduation rates at baccalaureate-granting institutions. Institutional selectivity and institutional expenditures, specifically those that directly contributed to students’ academic integration, were found to contribute significantly to retention and graduation rates. Recommendations are suggested, including using the results to inform resource allocation strategies that can enhance retention and graduation rates.  相似文献   

5.
The effect of student aid on the duration of study   总被引:1,自引:0,他引:1  
In this paper I evaluate the effect of student aid on the success of academic studies. I focus on two dimensions, the duration of study and the probability of actually graduating with a degree. To determine the impact of financial student aid, I estimate a discrete-time duration model allowing for competing risks to account for different exit states (graduation and dropout) using individual level panel data from the German Socio-Economic Panel (SOEP) for the years 1984-2007. My findings suggest that the duration of study is responsive to the type of financial support a student receives. There are three main results. First, student aid recipients finish faster than comparable students who are supported by the same amount of parental/private transfers only. Second, although higher financial aid does on average not affect the duration of study, this effect is (third) dominated by the increased probability of actually finishing university successfully.  相似文献   

6.
Using an ex post facto analysis of outcomes data, this paper tracks the academic performances of developmental and non-developmental students and examines the effects that developmental courses have on subsequent academic progress leading up to graduation. Three-year data on developmental students and graduates were analyzed to discern the characteristics of students graduating from the College, and to compare and contrast the characteristics of developmental and non-developmental students who graduated. The College graduates were categorized into four groups with respect to their academic preparation as suggested by their placement scores. During the three-year period considered, over 61% of the College's graduates took one or more developmental courses. This study shows that there is a positive link between the number of developmental courses taken and time to graduation. Consistent with prior studies, it is remarkable that developmental students perform equally well in college level courses as non-developmental students, depending on the number of pre-college level courses taken. As higher education institutions are facing increasing demands for accountability and performance requirements, accurate assessment and placement of students needing interventions become more imperative. However, accountability measures linked to retention, graduation rates, and federal student financial aid may disadvantage community colleges, especially because roughly two-thirds of community college students attend part-time and require remediation.  相似文献   

7.
Research concerning the determinants affecting access to postsecondary education has primarily been conducted in two spheres: academic preparation and financial aid. Although these two strands of literature are often treated as oppositional hypotheses, they need not be. This article fuses the two bodies of research while discussing the relatively untreated role of information concerning both academic preparation and financial aid as an important determinant in a student's probability of accessing postsecondary education. The evolution of empirical models regarding important determinants in postsecondary access are presented with the proposition of next steps, including the role of information, that will allow for a more fully specified model in studying what variables affect whether a student continues her education after high school graduation.  相似文献   

8.
国家助学金是为帮助家庭经济困难的大学生顺利完成学业而实施的的资助政策。实施几年来,有无数贫困大学生得到帮助,顺利毕业并踏上工作岗位。但是,随着资助力度的加大和困难评定的标准笼统,在操作过程中也出现了一些问题,产生了许多负面影响。通过分析助学金评定过程中存在的一系列问题,探寻较为合理的解决对策,让这项惠及民生的政策能更有效、公正地落实。  相似文献   

9.
As part of the American Recovery and Reinvestment Act of 2009, the School Improvement Grants (SIG) program received more than $3 billion with the goal of substantially improving student achievement. The SIG program’s funding was to help states turn around the nation’s persistently lowest-achieving schools using one of four school intervention models—transformation, turnaround, restart, or closure. We used a regression discontinuity design and a large sample of schools from more than 20 states to evaluate the impact of implementing a SIG-funded intervention model on use of SIG-promoted practices and student outcomes. Our regression discontinuity design exploited cutoff values on the continuous variables used to define the SIG eligibility tiers to compare outcomes in schools that just met the eligibility cutoff for receiving SIG funding to outcomes in schools that just missed it. We found that SIG had no impact on any of the outcomes we examined, including math and reading test scores, high school graduation rates, and college enrollment rates. Using a correlational analysis, we found the turnaround model was associated with larger student achievement gains in math than the transformation model for grades 6 through 12.  相似文献   

10.
Enhancing student persistence and effectively managing financial resources present important challenges to higher education. Surprisingly, existing student persistence and attrition models offer little insight into the potential links between institutional expenditures and student persistence. This study examines the impact of institutional expenditures on 6-year cohort graduation rates at 363 Carnegie-classified Baccalaureate I and II institutions. The results suggest a positive and significant relationship between instructional and academic support expenditures and cohort graduation rates. As a result, researchers might consider ways to integrate expenditure variables into student persistence models. Institutions also might seek out ways to shift financial resources to areas that enhance student persistence and degree attainment. Additional research may serve to strengthen student persistence frameworks and improve links between persistence research and financial decisionmaking in colleges and universities.  相似文献   

11.
To reflect academic challenges and enrollment patterns of today’s freshmen, this study measures the impact of high school preparation, first-year academic performance, multi-institution enrollment, and financial aid support on second-year persistence. Using multi-year cohorts at a public research university, results confirm the importance of including first-year math experience, math intensity of the declared major, simultaneous enrollment at another college/university, and second-year financial aid offers when measuring freshmen retention. The positive impact of a large-scale, state-funded scholarship program in widening access to college must be balanced against findings that show academic performance and readiness to take on and pass first-year math to be more important than aid in explaining freshmen dropout and transfer-out during both first and second semesters. Middle-income students with greater levels of unmet need face an elevated departure risk, while academically well-prepared freshmen with unmet need are more likely to transfer to other institutions.  相似文献   

12.
In the United States, college students must complete the Free Application for Student Federal Aid (FAFSA) to access federal aid. However, many eligible students do not apply and consequently forgo significant amounts of financial aid. If students have perfect information about aid eligibility, we would expect that all eligible students complete FAFSA and no aid would go unclaimed. Using data from the National Postsecondary Student Aid Survey, I estimate a multinomial logit model which controls for all variables that contribute to aid eligibility and other student characteristics that may deter FAFSA completion. I find that students who are lower middle income, white, male and independent from parents are less likely to complete FAFSA even when they are eligible for aid. Using propensity score matching, I find that each year applicants forgo $9,741.05 in total aid (including grant and loan aid) which includes $1,281.00 of Pell Grants, $2,439.50 of the balance subsidized student loans, $1,986.65 of the balance of unsubsidized student loans, and $1,016.04 of institutional grants. These aid totals aggregate to $24 billion annually.  相似文献   

13.
In Search of the Effects of Academic Achievement in Postgraduation Earnings   总被引:2,自引:0,他引:2  
The relationship between academic achievement and the financial success of baccalaureate recipients in the workplace is the focal point of an investigation that covers the first 3 years following graduation. Employment activity and quarterly earnings of university baccalaureate recipients were tracked in a comprehensive study that merged state unemployment insurance records with student data files. Quarterly earnings were regressed on grade point averages while controlling for age, registration type (native vs. transfer), major, gender, race, and industry. Patterns were discovered over the 3 years following graduation. Grade point average had little impact on earnings, as did registration type. Age, major, and industry were found to be significant. Gender and race held no significance. In an attempt to further explore the relationship between academic achievement and workplace success, a two-way ANOVA, repeated measures design was used to examine differences in the individual earnings of high academic achievers and low academic achievers over a 3-year period. No significant between-group effects were found.  相似文献   

14.
This study aims to understand the role of financial aid in college success of two-year beginning nontraditional students. By applying discrete time event history models with propensity score covariate adjustment to a nationally representative sample from BPS: 04/09, this study answers research questions centering around the effects of Pell Grants, subsidized student loans and unsubsidized student loans on six-year college outcomes of nontraditional students (i.e. degree attainment, system departure, and continuous enrollment without a degree). The results of this study suggest that these nontraditional students were most likely to drop out in the third college year and that all three types of financial aid appeared effective for reducing dropout risks, but not for encouraging timely degree completion. These findings have significant implications for policy and practice including the necessity for considering the complexity of nontraditional student pathways, backgrounds and unique needs when designing and implementing financial aid policy. The findings also contribute to discussions on ways to fund nontraditional students and provide recommendations for institutions serving large populations of nontraditional students to promote persistence to graduation.  相似文献   

15.
Abstract

This study investigated the differences between demographic, enrollment, academic, and self-directed learning characteristics of completers and noncompleters in online courses at one community college. The study also obtained students' self-reported reasons for not completing their coursework. No significant differences were found in the characteristics of age, gender, ethnicity, financial aid eligibility, grade point average, and total hours enrolled; significant differences were found in gender, academic readiness, and completers enrolled in more online courses than noncompleters.  相似文献   

16.
ABSTRACT

Perceptions of the quality of higher education are thought to have considerable impact on the decision making process to attend higher education institutions. High school guidance counselors are known to be influencers of higher education attendance through their work with high school students in the selection process. This paper reports an exploratory research program designed to assess the perceptions of high school guidance counselors regarding college and university quality. Ten measures of quality, an overall measure and rune specific indicators were utilized. A total of 256 guidance counselors provided measures of quality on 434 of the 435 institutions of higher education listed. Based on this data it was shown that overall perceived quality is primarily determined by five components; good academic programs, leadership opportunities, good job after graduation, opportunities for financial aid, and good value for the money, and that some 77.3% of the variance in overall quality was predicted by the five components.  相似文献   

17.
Priced Out?     
While the literature on postsecondary student success identifies important academic and social factors associated with student outcomes, one question that persists concerns the influence of financial aid. We use the National Student Clearinghouse’s StudentTracker service to develop a more complete model of student success that accommodates opportunities for students to choose to either graduate from the university of first-entry, graduate from a transfer university, or depart from college without a degree. The multinomial regression model reveals differential effects of financial aid. Results suggest that loan aid appears to encourage students to search out alternative institutions or drop out of college entirely, and merit aid appears to increase the likelihood of students persisting and graduating from the university of first-entry.  相似文献   

18.
Twenty-one US states currently offer some form of merit-based postsecondary financial aid, although the generosity and eligibility requirements of merit aid programs varies from state to state. This article uses nationally representative data from high school students in the early 1990s and the early 2000s to evaluate the relationship between the design of merit aid programs and their effects on student achievement and college trajectories. The findings suggest that programs that guarantee full tuition to recipients have greater effects on students’ high school course-taking and college choice than less generous programs. Further, I find provisional evidence to suggest that programs with relatively simple merit-based eligibility requirements are more effective than programs with more complex means-tested eligibility requirements.  相似文献   

19.
A study of parents' and their children's means of paying for college was conducted to determine if the use of parent contributions, work earnings, or student financial aid shows influence across generations. This study used data from the National Postsecondary Student Aid Study of 1990 in a path model with controls for the child's academic ability, gender, declared major, institutional selectivity, tuition cost, and distance from home. Indirect effects are indicated that increase parental cash gifts and loans to the child, mediated by parents' measures of socioeconomic status, the timing of college savings, and the child's degree aspirations. The child's financial aid is also indirectly affected by measures of the parents' socioeconomic status (higher status resulting in less aid). The direct effect of the parent receiving student financial aid is in larger amounts of student aid for the child. No intergenerational effects occur between the parents' use of work earnings to finance college and the amount of work earnings in college for the child.  相似文献   

20.
This current, longitudinal study addresses two critical issues related to underrepresented gifted: identification and programming. As a follow‐up of minority and low‐income students identified as gifted in middle school, the study provides insight into the potential predictive value of specific gifted attributes on later academic performance: high‐school graduation, matriculation in an institution of higher learning, and completion of a college degree. Findings support the value of multiple forms of identification, specifically in problem‐solving, teacher identification of leadership ability, and grade point average. The study also evaluates the impact on academic outcomes of a long‐term, university/school pre‐college partnership program for middle‐ and senior‐high‐school underrepresented gifted. Results show a significant relationship between the level of student involvement in program activities and successful achievement of academic outcomes.  相似文献   

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