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Financial Aid Packages and College Enrollment Decisions: An Econometric Case Study / David M. Linsenmeier, Harvey S. Rosen, Cecilia Elena Rouse.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Linsenmeier, David M.
Contributor:
National Bureau of Economic Research.
Rosen, Harvey S.
Rouse, Cecilia Elena.
Series:
Working Paper Series (National Bureau of Economic Research) no. w9228.
NBER working paper series no. w9228
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Financial Aid Packages and College Enrollment Decisions
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2002.
Summary:
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.
Notes:
Print version record
September 2002.

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