Financial Aid Packages and College Enrollment Decisions: An Econometric Case Study

A-Tier
Journal: Review of Economics and Statistics
Year: 2006
Volume: 88
Issue: 1
Pages: 126-145

Authors (3)

David M. Linsenmeier (not in RePEc) Harvey S. Rosen (Princeton University) Cecilia Elena Rouse (not in RePEc)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the effects of a change in financial aid policy introduced by an anonymous 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 approximately 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% level. © 2006 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Technical Details

RePEc Handle
repec:tpr:restat:v:88:y:2006:i:1:p:126-145
Journal Field
General
Author Count
3
Added to Database
2026-01-29