Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 3 of 3
Full-Text Articles in Education
Arizona Uncertainty: Arbitrary Barriers In Accessing Institutional Need-Based Financial Aid, Dee Hill-Zuganelli, Nolan L. Cabrera, Jeffrey F. Milem
Arizona Uncertainty: Arbitrary Barriers In Accessing Institutional Need-Based Financial Aid, Dee Hill-Zuganelli, Nolan L. Cabrera, Jeffrey F. Milem
Journal of Student Financial Aid
Established in 2008, the Arizona Assurance Scholars Program (AASP) channeled institutional need-based aid to in-state, low-income students. Rapidly growing costs prompted three changes to the AASP eligibility requirements in 2011. We examined how these new requirements—a 3.0 or higher high school grade point average and the submission of the Free Application of Federal Student Aid (FAFSA) and admission paperwork by March 1—would affect the gender, racial, and socioeconomic composition of the program’s first three cohorts if they were in effect. Results revealed disproportionate impacts on racial and ethnic minorities and widened gender gaps. Male, Latina/o, and Native American students would …
Does Merit-Based Aid Improve College Affordability? Testing The Bennett Hypothesis In The Era Of Merit-Based Aid, Jungmin Lee
Does Merit-Based Aid Improve College Affordability? Testing The Bennett Hypothesis In The Era Of Merit-Based Aid, Jungmin Lee
Journal of Student Financial Aid
This study tested the Bennett hypothesis by examining whether four-year colleges changed listed tuition and fees, the amount of institutional grants per student, and room and board charges after their states implemented statewide merit-based aid programs. According to the Bennett hypothesis, increases in government financial aid make it easier for colleges to raise their tuition. Because many statewide merit-based aid programs covered full tuition and fees for students enrolled in their state colleges, I hypothesized that colleges in states that implemented merit-based aid programs would raise student charges or reduce institutional aid for more revenue. Using the difference-in-differences method, I …
Does Federal Financial Aid Policy Influence The Institutional Aid Policies Of Four-Year Colleges And Universities? An Exploratory Analysis, Don Hossler, Jihye Kwon
Does Federal Financial Aid Policy Influence The Institutional Aid Policies Of Four-Year Colleges And Universities? An Exploratory Analysis, Don Hossler, Jihye Kwon
Journal of Student Financial Aid
There is a dearth of empirical work that examines the relationships between federal financial aid policy and institutional financial aid priorities and expenditures. This study uses Resource Dependency Theory to explore whether changes the amount of financial aid awarded by colleges and universities during the last fifty years are best explained by changes in federal financial aid policy or by demographic and economic shifts. The results suggest that shifts in federal financial aid policy and in the economy have influenced the amount of institutional financial aid, but indicate that more research is needed on this important topic.