TY  - JOUR
AU  - Linsenmeier,David M.
AU  - Rosen,Harvey S.
AU  - Rouse,Cecilia Elena
TI  - Financial Aid Packages and College Enrollment Decisions: An Econometric Case Study
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 9228
PY  - 2002
Y2  - September 2002
UR  - http://www.nber.org/papers/w9228
L1  - http://www.nber.org/papers/w9228.pdf
N1  - Author contact info:
Harvey S. Rosen
Department of Economics
Fisher Hall
Princeton University
Princeton, NJ 08544-1021
Tel: 609/258-4022
Fax: 609/258-6419
E-Mail: HSR@princeton.edu

Cecilia E. Rouse
Industrial Relations Section
Firestone Library
Princeton University
Princeton, NJ 08544-1013
Tel: 609/258-6478
Fax: 609/258-0549
E-Mail: rouse@princeton.edu
AB  - 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.
ER  -