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Full-Text Articles in Education
In The Right Ballpark? Assessing The Accuracy Of Net Price Calculators, Aaron M. Anthony, Lindsay C. Page, Abigail Seldin
In The Right Ballpark? Assessing The Accuracy Of Net Price Calculators, Aaron M. Anthony, Lindsay C. Page, Abigail Seldin
Journal of Student Financial Aid
Large differences often exist between a college’s sticker price and net price after accounting for financial aid. Net price calculators (NPCs) were designed to help students more accurately estimate their actual costs to attend a given college. This study assesses the accuracy of information provided by net price calculators. Specifically, we compare NPC estimates of financial aid to actual aid packages for a sample of low-income, first-time college students at seven postsecondary institutions which all utilize the federal template NPC. We find that NPC estimates of grant aid correlate highly with actual grant aid on average, but variation in individual …
How Money Helps Keep Students In College: The Relationship Between Family Finances, Merit-Based Aid, And Retention In Higher Education, Alexandre M. Olbrecht, Christopher Romano, Jeremy Teigen
How Money Helps Keep Students In College: The Relationship Between Family Finances, Merit-Based Aid, And Retention In Higher Education, Alexandre M. Olbrecht, Christopher Romano, Jeremy Teigen
Journal of Student Financial Aid
In this paper, we leverage detailed, individual-level student data to understand the relationships between family finances, merit-based aid, and first-year student retention. With three cohorts of student data that comprise family financial status, institutional merit scholarships, and many of the other known correlates of student retention, we regress sophomore retention of first-time, full-time students on the financial variables with controls. We find that an increase in a family’s ability to contribute to educational costs improves a student’s chances of retention. Additionally, our data show that institutional financial assistance also bolsters the likelihood that students return for their sophomore year.
Book Review: The Real College Debt Crisis: How Student Borrowing Threatens Financial Well-Being And Erodes The American Dream, Ellie M. Bruecker
Book Review: The Real College Debt Crisis: How Student Borrowing Threatens Financial Well-Being And Erodes The American Dream, Ellie M. Bruecker
Journal of Student Financial Aid
Not applicable
Increasing College Opportunity: School Counselors And Fafsa Completion, Laura Owen, Erik Westlund
Increasing College Opportunity: School Counselors And Fafsa Completion, Laura Owen, Erik Westlund
Journal of College Access
Closing postsecondary opportunity gaps has become a national, state and local educational priority. To help eliminate these gaps, the US Department of Education initiated a project that provided real time student level Free Application for Federal Student Aid (FAFSA) completion status to large urban school districts. Leveraging this information, school counselors identified and supported students and families as they navigated the financial aid process, resulting in statistically significant impacts on FAFSA completion and college attendance.
Keeping The Promise: Factors Affecting Timing To Merit Scholarship Loss, Jacob P.K. Gross, Angela D. Bell, Matthew Berry
Keeping The Promise: Factors Affecting Timing To Merit Scholarship Loss, Jacob P.K. Gross, Angela D. Bell, Matthew Berry
Journal of College Access
Despite increased attention paid to the advent and development of state merit scholarship policies (such as Georgia’s Helping Outstanding Pupils Educationally) and some evidence that suggests differences in scholarship retention by socioeconomic status or other student characteristics, little empirical work has explored factors affecting scholarship retention. Moreover, no work has explored what affects the timing of scholarship loss. This study employs event history modeling to ascertain not only what factors impact students’ retention of the West Virginia PROMISE Scholarship but also when these factors are most influential.