NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

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

David M. Linsenmeier, Harvey S. Rosen, Cecilia Elena Rouse

NBER Working Paper No. 9228
Issued in September 2002
NBER Program(s):   CH   LS   PE   ED

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.

download in pdf format
   (344 K)

email paper

This paper is available as PDF (344 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w9228

Published: Linsenmeier, David, Harvey S. Rosen and Cecilia Rouse. "Financial Aid Packages and College Enrollment Decisions: An Econometric Case Study." Review of Economics and Statistics (February 2006).

Users who downloaded this paper also downloaded these:
Dynarski w7422 Does Aid Matter? Measuring the Effect of Student Aid on College Attendance and Completion
Dynarski w7756 Hope for Whom? Financial Aid for the Middle Class and Its Impact on College Attendance
Avery and Hoxby Do and Should Financial Aid Packages Affect Students' College Choices?
Kane w9703 A Quasi-Experimental Estimate of the Impact of Financial Aid on College-Going
Nielsen, Sorensen, and Taber w14535 Estimating the Effect of Student Aid on College Enrollment: Evidence from a Government Grant Policy Reform
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us