@techreport{NBERw9228,
 title = "Financial Aid Packages and College Enrollment Decisions: An Econometric Case Study",
 author = "David M. Linsenmeier and Harvey S. Rosen and Cecilia Elena Rouse",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "9228",
 year = "2002",
 month = "September",
 URL = "http://www.nber.org/papers/w9228",
 abstract = {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.},
}