The Effects Of Different Types Of Financial Aid On Recruitment And Retention Of First Year Freshmen At A Public University

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The Effects of Different Types of Financial Aid on Recruitment and Retention of First-Year Freshmen at a Public University

Author : Jana Lynn Albrecht
Publisher :
ISBN 13 :
Total Pages : 218 pages
Book Rating : 4.6/5 (781 download)

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Book Synopsis The Effects of Different Types of Financial Aid on Recruitment and Retention of First-Year Freshmen at a Public University by : Jana Lynn Albrecht

Download or read book The Effects of Different Types of Financial Aid on Recruitment and Retention of First-Year Freshmen at a Public University written by Jana Lynn Albrecht and published by . This book was released on 2020 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reaching enrollment goals has always been challenging but even more so in this current environment of increased competition and reductions in higher education funding. Enrollment managers need tools that help predict enrollment but also help understand how and if financial aid can be used to influence a student's decision to attend and to persist at the same institution. This study assesses the predictive ability of different types of financial aid on choice and retention at a public 4-year university. Logistic regression was the statistical method used in the analysis, and the findings suggest that some types of financial aid increase the odds of both attending and retaining. The study also revealed that group differences exist for both income and race. Institutional scholarships and government grants significantly and positively influenced both choice and retention for almost all racial and income groups, but some groups of students did not respond positively to institutional grants. Additionally, Black students were negatively influenced by increases in student loans, but Hispanic students were positively influenced by increases in student loans. The findings in part match other similar studies and in part differ. In this respect, this study provides proof of the importance of institutions conducting their own similar research in order to increase enrollment through financial aid leveraging.

The Student Aid Game

Author : Michael S. McPherson
Publisher : Princeton University Press
ISBN 13 : 9780691005362
Total Pages : 180 pages
Book Rating : 4.0/5 (53 download)

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Book Synopsis The Student Aid Game by : Michael S. McPherson

Download or read book The Student Aid Game written by Michael S. McPherson and published by Princeton University Press. This book was released on 1999-01-03 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Student aid in higher education has recently become a hot-button issue. Parents trying to pay for their children's education, college administrators competing for students, and even President Bill Clinton, whose recently proposed tax breaks for college would change sharply the federal government's financial commitment to higher education, have staked a claim in its resolution. In The Student Aid Game, Michael McPherson and Morton Owen Schapiro explain how both colleges and governments are struggling to cope with a rapidly changing marketplace, and show how sound policies can help preserve the strengths and remedy some emerging weaknesses of American higher education. McPherson and Schapiro offer a detailed look at how undergraduate education is financed in the United States, highlighting differences across sectors and for students of differing family backgrounds. They review the implications of recent financing trends for access to and choice of undergraduate college and gauge the implications of these national trends for the future of college opportunity. The authors examine how student aid fits into college budgets, how aid and pricing decisions are shaped by government higher education policies, and how competition has radically reshaped the way colleges think about the strategic role of student aid. Of particular interest is the issue of merit aid. McPherson and Schapiro consider the attractions and pitfalls of merit aid from the viewpoint of students, institutions, and society. The Student Aid Game concludes with an examination of policy options for both government and individual institutions. McPherson and Schapiro argue that the federal government needs to keep its attention focused on providing access to college for needy students, while colleges themselves need to constrain their search for strategic advantage by sticking to aid and admission policies they are willing to articulate and defend publicly.

Effects of Preferential Financial Aid on Recruitment and Retention of Minority Students at Selective Colleges and Universities

Author : Gil J. Villanueva
Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.:/5 (515 download)

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Book Synopsis Effects of Preferential Financial Aid on Recruitment and Retention of Minority Students at Selective Colleges and Universities by : Gil J. Villanueva

Download or read book Effects of Preferential Financial Aid on Recruitment and Retention of Minority Students at Selective Colleges and Universities written by Gil J. Villanueva and published by . This book was released on 2002 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investigated the effects of preferential financial aid on the ability of selective colleges and universities to generate applications from, to enroll, and to retain minority students.

The Effect of Financial Aid Policies on Admission and Enrollment

Author : James J. Scannell
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Effect of Financial Aid Policies on Admission and Enrollment by : James J. Scannell

Download or read book The Effect of Financial Aid Policies on Admission and Enrollment written by James J. Scannell and published by . This book was released on 1992 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study looks at the evolution of the financial aid process as a function of higher education administration and its impact on the recruitment and retention of college students. It illustrates the effects on enrollment of differing financial aid strategies and recommends possible directions for meeting the challenges of the 21st century. Discussions focus on the following topics: (1) the institutional need for financial aid; (2) the relationship of aid and costs; (3) programs that work in reverse; and (4) targeting of financial aid to enrollment goals. The following financial aid packages are also examined: uniform self-help; self-help varied by ability to borrow; self-help varied by desirability; self-help varied by ability to borrow and desirability; admit/deny; aid-conscious admission; merit awards; renewals; equity packaging; and differential and preferential packaging. Contains 48 references. (GLR)

Estimating the Influence of Financial Aid on Student Retention

Author : Serge Herzog
Publisher :
ISBN 13 :
Total Pages : 29 pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis Estimating the Influence of Financial Aid on Student Retention by : Serge Herzog

Download or read book Estimating the Influence of Financial Aid on Student Retention written by Serge Herzog and published by . This book was released on 2008 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: The greatest limitation in establishing causality in observational studies on the effect of financial aid is the presence of endogeneity or selection bias associated with aid status. To control for this statistical confoundedness that besets the research corpus to date, this study estimates the effect of financial aid on freshmen retention at a moderately selective, public university using propensity score-matching in multi-stage regression analyses. The correlational pattern that emerged from twenty-four logit models suggests higher-income students accrue a retention benefit from financial aid, unlike low-income students, net of first-year academic experience and type and amount of aid received. Conversely, retention of low-income freshmen is more likely due to academic performance compared to those from high-income background. Findings on the effect of aid are consistent with the economics of moral hazard and unobservable behavior. (Contains 6 footnotes, 8 tables, and 2 figures.).

Higher Education

Author : DIANE Publishing Company
Publisher : DIANE Publishing
ISBN 13 : 0788132105
Total Pages : 27 pages
Book Rating : 4.7/5 (881 download)

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Book Synopsis Higher Education by : DIANE Publishing Company

Download or read book Higher Education written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1996-09 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluates the effects of Congress' proposals to restrict legal immigrants' eligibility for any federal means-tested public benefits programs, which includes financial aid programs at colleges, universities and other post secondary schools. Includes information on the number of legal immigrants that received financial aid and the amount they received; the states in which they lived and the types of schools they attended. Information is based on Pell Grants and Stafford loans, which together account for 85% of federal aid to students, during academic yr. 1992-93.

Aiding Students, Buying Students

Author : Rupert Wilkinson
Publisher : Vanderbilt University Press
ISBN 13 : 9780826515025
Total Pages : 374 pages
Book Rating : 4.5/5 (15 download)

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Book Synopsis Aiding Students, Buying Students by : Rupert Wilkinson

Download or read book Aiding Students, Buying Students written by Rupert Wilkinson and published by Vanderbilt University Press. This book was released on 2005 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wilkinson traces the history of undergraduate financial aid at American colleges and universities; the origins, purposes, and impacts of merit- and need-based aid; the federal government's role; the evolution of elite private institutions; and the current climate and concerns. The concluding chapter lays out how these factors, combined with increasing costs of attending college, impact low-income minority students and how reforms on campuses and in Washington, DC, can better serve higher education and the more disadvantaged students.

Influence of Work Study, Loans, Need-based Gift Aid, Merit-based Gift Aid, and Satisfaction with Financial Aid on Freshmen-to-sophomore Year Retention Examined in the Context of Background Characteristics and College Experiences

Download Influence of Work Study, Loans, Need-based Gift Aid, Merit-based Gift Aid, and Satisfaction with Financial Aid on Freshmen-to-sophomore Year Retention Examined in the Context of Background Characteristics and College Experiences PDF Online Free

Author : Shawna Long
Publisher :
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.:/5 (435 download)

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Book Synopsis Influence of Work Study, Loans, Need-based Gift Aid, Merit-based Gift Aid, and Satisfaction with Financial Aid on Freshmen-to-sophomore Year Retention Examined in the Context of Background Characteristics and College Experiences by : Shawna Long

Download or read book Influence of Work Study, Loans, Need-based Gift Aid, Merit-based Gift Aid, and Satisfaction with Financial Aid on Freshmen-to-sophomore Year Retention Examined in the Context of Background Characteristics and College Experiences written by Shawna Long and published by . This book was released on 1998 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Path analysis was conducted to examine the influence of financial aid, in the context of student background characteristics and college experiences, on freshman-to-sophomore year retention. Specifically, a theoretical model of freshman-to-sophomore year retention was developed and tested that included the following variables: external encouragement, ACT Composite score, financial need, the amount of work study received, the amount of loan money received, the amount of need-based gift aid received, the amount of merit-based gift aid received, students' satisfaction with their financial aid, academic integration, social integration, university GPA, perceived gains, institutional commitment, students' satisfaction with their collegiate experiences, and intent to persist. Overall, the variables in the hypothesized, theoretical model accounted for 30% of the variance in freshman-to-sophomore year retention. Further support for the hypothesized relationships in the theoretical model was shown by the nonsignificant chi-square goodness-of-fit statistic (X 2 = 39.79, df = 32, p =.16). Direct, indirect, and total effects were examined for each structural equation in the model. Results revealed that the effects of financial aid on freshman-to-sophomore year retention were intricately interwoven into the multifaceted aspects of the university. Merit-based gift aid was the only financial aid variable to have a statistically significant, positive, total effect on retention. Merit-based gift aid also had statistically significant, positive effects on satisfaction with financial aid, academic integration, university GPA, and intent to persist. However, students who received more merit-based gift aid were less likely to be socially integrated and were less satisfied with their collegiate experiences, two strong predictors of college student attrition. Larger amounts of need-based gift aid were associated with greater satisfaction with financial aid which, in turn, was associated with greater academic integration, perceived gains, and satisfaction with collegiate experiences. In contrast, larger amounts of loan money were associated with lower academic achievement. Thus, the results of this study underscore the interactive process of freshman-to-sophomore year retention in which financial aid variables are but one aspect of a complex social and academic system.

Resources in Education

Author :
Publisher :
ISBN 13 :
Total Pages : 764 pages
Book Rating : 4.U/5 (183 download)

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Book Synopsis Resources in Education by :

Download or read book Resources in Education written by and published by . This book was released on 2001 with total page 764 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Effects of Tuition and Student Financial Aid on Persistence in Public Four-year Colleges and Universities

Author : Kyungseok Kang
Publisher :
ISBN 13 :
Total Pages : 530 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis The Effects of Tuition and Student Financial Aid on Persistence in Public Four-year Colleges and Universities by : Kyungseok Kang

Download or read book The Effects of Tuition and Student Financial Aid on Persistence in Public Four-year Colleges and Universities written by Kyungseok Kang and published by . This book was released on 1993 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Paying the Price

Author : Sara Goldrick-Rab
Publisher : University of Chicago Press
ISBN 13 : 022640448X
Total Pages : 382 pages
Book Rating : 4.2/5 (264 download)

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Book Synopsis Paying the Price by : Sara Goldrick-Rab

Download or read book Paying the Price written by Sara Goldrick-Rab and published by University of Chicago Press. This book was released on 2016-09-01 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: A “bracing and well-argued” study of America’s college debt crisis—“necessary reading for anyone concerned about the fate of American higher education” (Kirkus). College is far too expensive for many people today, and the confusing mix of federal, state, institutional, and private financial aid leaves countless students without the resources they need to pay for it. In Paying the Price, education scholar Sara Goldrick-Rab reveals the devastating effect of these shortfalls. Goldrick-Rab examines a study of 3,000 students who used the support of federal aid and Pell Grants to enroll in public colleges and universities in Wisconsin in 2008. Half the students in the study left college without a degree, while less than 20 percent finished within five years. The cause of their problems, time and again, was lack of money. Unable to afford tuition, books, and living expenses, they worked too many hours at outside jobs, dropped classes, took time off to save money, and even went without adequate food or housing. In many heartbreaking cases, they simply left school—not with a degree, but with crippling debt. Goldrick-Rab combines that data with devastating stories of six individual students, whose struggles make clear the human and financial costs of our convoluted financial aid policies. In the final section of the book, Goldrick-Rab offers a range of possible solutions, from technical improvements to the financial aid application process, to a bold, public sector–focused “first degree free” program. "Honestly one of the most exciting books I've read, because [Goldrick-Rab has] solutions. It's a manual that I'd recommend to anyone out there, if you're a parent, if you're a teacher, if you're a student."—Trevor Noah, The Daily Show

The Impact of Federal Financial Aid Programs on the Retention Rate of Freshmen Students at the University of Toledo During Their First Year of Study (1987-1988)

Download The Impact of Federal Financial Aid Programs on the Retention Rate of Freshmen Students at the University of Toledo During Their First Year of Study (1987-1988) PDF Online Free

Author : Michiale M. Schneider
Publisher :
ISBN 13 :
Total Pages : 146 pages
Book Rating : 4.:/5 (21 download)

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Book Synopsis The Impact of Federal Financial Aid Programs on the Retention Rate of Freshmen Students at the University of Toledo During Their First Year of Study (1987-1988) by : Michiale M. Schneider

Download or read book The Impact of Federal Financial Aid Programs on the Retention Rate of Freshmen Students at the University of Toledo During Their First Year of Study (1987-1988) written by Michiale M. Schneider and published by . This book was released on 1989 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Working-Class Students' Social Capital and Financial Aid Awards: A Study of These Factors' Effect on Retention for Students at a Large Public Community College

Download Working-Class Students' Social Capital and Financial Aid Awards: A Study of These Factors' Effect on Retention for Students at a Large Public Community College PDF Online Free

Author : Megan Leah McCormick
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (111 download)

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Book Synopsis Working-Class Students' Social Capital and Financial Aid Awards: A Study of These Factors' Effect on Retention for Students at a Large Public Community College by : Megan Leah McCormick

Download or read book Working-Class Students' Social Capital and Financial Aid Awards: A Study of These Factors' Effect on Retention for Students at a Large Public Community College written by Megan Leah McCormick and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Working-class students face many struggles in attempting to complete a college degree. Two of the most prominent struggles faced by these students are the deficiency of financial aid available for those in the working-class and the lack of these students' social capital. Social capital, which is often passed down through families, may be particularly lacking for working-class students because students from these families may be first-generation and a student's family may not possess the knowledge about the higher education process to help these students apply for financial aid. Additionally, college students who lack social capital may not have family emotional support and may face jealousy or criticism from family members who have not had the same postsecondary educational opportunities. In order to explore the role that a lack of social capital plays in working-class students' ability to obtain financial aid and be retained in college, this study was designed to assess whether working-class students attending a large urban public community college in Pennsylvania who possessed strong family social capital were more likely to be retained into their second semester of studies than those with poor social capital, and whether family social capital impacted participants' financial aid awards. Using the Mann-Whitney U and Fisher's Exact Tests, participants' survey results were analyzed to determine whether working-class students experienced difficulties in their retention due to a lack of financial aid or a lack of family and community support. The researcher found a significant difference in the number of participants retained who possessed strong family emotional support versus those students who possessed poor family emotional support. The findings indicated no statistically significant difference in all other areas.

Demographics and the Demand for Higher Education

Author : Nathan D. Grawe
Publisher : JHU Press
ISBN 13 : 1421424134
Total Pages : 189 pages
Book Rating : 4.4/5 (214 download)

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Book Synopsis Demographics and the Demand for Higher Education by : Nathan D. Grawe

Download or read book Demographics and the Demand for Higher Education written by Nathan D. Grawe and published by JHU Press. This book was released on 2018 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The economics of American higher education are driven by one key factor--the availability of students willing to pay tuition--and many related factors that determine what schools they attend. By digging into the data, economist Nathan Grawe has created probability models for predicting college attendance. What he sees are alarming events on the horizon that every college and university needs to understand. Overall, he spots demographic patterns that are tilting the US population toward the Hispanic southwest. Moreover, since 2007, fertility rates have fallen by 12 percent. Higher education analysts recognize the destabilizing potential of these trends. However, existing work fails to adjust headcounts for college attendance probabilities and makes no systematic attempt to distinguish demand by institution type. This book analyzes demand forecasts by institution type and rank, disaggregating by demographic groups. Its findings often contradict the dominant narrative: while many schools face painful contractions, demand for elite schools is expected to grow by 15+ percent. Geographic and racial profiles will shift only slightly--and attendance by Asians, not Hispanics, will grow most. Grawe also use the model to consider possible changes in institutional recruitment strategies and government policies. These "what if" analyses show that even aggressive innovation is unlikely to overcome trends toward larger gaps across racial, family income, and parent education groups. Aimed at administrators and trustees with responsibility for decisions ranging from admissions to student support to tenure practices to facilities construction, this book offers data to inform decision-making--decisions that will determine institutional success in meeting demographic challenges"--

The Impact of Student Financial Aid on Undergraduate Degree Completion

Author : Laura Melissa Reynolds
Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.:/5 (589 download)

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Book Synopsis The Impact of Student Financial Aid on Undergraduate Degree Completion by : Laura Melissa Reynolds

Download or read book The Impact of Student Financial Aid on Undergraduate Degree Completion written by Laura Melissa Reynolds and published by . This book was released on 2004 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The affordability of higher education is an increasing challenge for individuals and families in America. A student's chance of going to college and actually receiving their degree continues to be closely associated with their economic situation, as well as that of their family. The purpose of this research is to study the relationship between student financial aid and undergraduate degree completion to evaluate the impact of different sources of student financial aid on persistence and degree completion. Data used in this research is from the Linked Longitudinal Administrative Data Set (LLADS), which includes data from three different sources: the Enhanced Missouri Student Achievement Study (EMSAS), the ACT Student Assessment data file, and student financial aid data provided by the Missouri Student Assistance Resource Services (MOSTARS). The sample is made up of first-time, first-semester freshmen students from six Missouri institutions of higher education. A longitudinal study was conducted using the sample of three freshman cohorts. The cohorts were followed for five academic years. Persistence for the respective year of analysis was used as a dependent variable and separate logistic analysis were run for each year. To analyze student degree completion, two dependent variables were created and two different logistic regression analyses were run. Independent variables for the study have been grouped into five constructs: (1) Demographic Characteristics; (2) Major/Academic Performance; (3) Family Income; (4) Institution Type; and last (5) Financial Aid. Results suggest that federal government intervention in the financing of higher education through policy is important. Without the federal government's intervention, it is possible that only high-income groups will be able to afford a college education. The affordability gap is evident from the findings of this study with the lower family income categories analyzed demonstrating an increasingly negative relationship with persistence when compared with the highest family income category of greater than $100,000, as income categories decrease. From the results of this study, frontloading grants may be a good idea. The low-income students who are receiving need-based aid in the beginning years of enrollment are not as likely to persist as those receiving the aid in the later years of college. Perhaps increasing the funding in early years, or frontloading would increase the likelihood of these students persisting to their third and fourth years of college, because most students who drop out of college tend to do so within the first two years, often due to fear of high debt accumulation. In this study subsidized loans were found to have a significant positive effect on year-to-year persistence and unsubsidized loans were found to have a positive effect on persisting to the fifth year of school. For many qualified high school graduates, the thought of relying on loans may discourage enrollment in a postsecondary institution, especially among the students from low-income families. If students view the debt involved with funding a college education as a better investment choice their decisions to enroll and persist are likely to increase.

Recruitment and Retention in Higher Education

Author :
Publisher :
ISBN 13 :
Total Pages : 366 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Recruitment and Retention in Higher Education by :

Download or read book Recruitment and Retention in Higher Education written by and published by . This book was released on 1997 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Redesigning the Financial Aid System

Author : Robert B. Archibald
Publisher : JHU Press
ISBN 13 : 0801871239
Total Pages : 255 pages
Book Rating : 4.8/5 (18 download)

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Book Synopsis Redesigning the Financial Aid System by : Robert B. Archibald

Download or read book Redesigning the Financial Aid System written by Robert B. Archibald and published by JHU Press. This book was released on 2002-12-13 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Archibald argues that one of the problems with the current model - in which universities are responsible for the majority of grants, while the federal government provides student loans - is that a student cannot know the final price of attending a given institution until after he or she has applied, been accepted, and received a financial aid offer. As a result, students remain largely uninformed about the cost of their college educations until very late in the decision-making process, and thus have difficulty making a timely choice. In addition, financial aid information is kept private, creating confusion over the price of a college education and the role of financial aid.