The Effects of Student Financial Aid on Persistence: A Sequential Analysis

John, Edward P. St.; Kirshstein, Rita J.; Noell, Jay

doi:10.1353/rhe.1991.0019

Cited by 72 publications

(9 citation statements)

References 23 publications

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“…Financial attitudes (measured by student satisfaction with financial support) have been shown to affect intentions to persist and actual persistence decisions (Bean, 1985; Cabrera, Castaneda, Nora, & Hengstler, 1992; Mallette & Cabrera, 1991; Metzner & Bean, 1987). Financial aid itself has been shown to positively affect persistence (Carroll, 1987; DesJardins et al, 1999; St. John, 1989; Terkla, 1985) and graduation (Dynarski, 2005; Murdock, 1987), although ironically some studies find negative effects of aid on persistence when focusing on specific populations or institutions (Paulsen & St. John, 1997, 2002; St.…”

Section: Introductionmentioning

confidence: 99%

The Impact of Financial Aid on College GPA at Three Flagship Public Institutions

Stater¹

2009

American Educational Research Journal

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Academic achievement in higher education is an important current policy issue because institutions are under public pressure to justify state subsidies and rising tuitions with demonstrable gains in student learning. This article uses data from three flagship public universities to examine the effects of financial aid on first-through fourth-year college grade point average. The findings indicate that need-based aid and merit-based aid both have positive effects throughout college, and thus colleges may be able to use financial policy levers to increase academic achievement. However, since the effect of merit aid is larger than that of need-based aid, institutions may have incentives to reallocate aid and admissions spots from needy to merit students unless appropriate safeguards are adopted.

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Section: Introductionmentioning

confidence: 99%

The Impact of Financial Aid on College GPA at Three Flagship Public Institutions

Stater¹

2009

American Educational Research Journal

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“…Given various financial benefits associated with living close to or at home, including savings on room and board, utilities, food and transportation, cheaper tuition, and so forth, students from low-SES families may restrict their college choices to nearby, less expensive in-state or community colleges. Perceived college affordability further constrains college options available to low-income students via lowering their level of educational aspirations (St. John, Kirshstein, & Noell, 1991).…”

Section: Discussionmentioning

confidence: 99%

“…Finally, academic preparation and awareness of college affordability are two important factors that affect college aspirations, which further influence college choices (St. John et al, 1991).…”

Section: Discussionmentioning

confidence: 99%

Leaving or Staying Home: Predicting Where Students Attend College

Chen

Zerquera

2017

Education and Urban Society

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Focusing on a cohort of high school students from a Midwest metropolitan region, this study combines multiple sources of data and uses a multinomial logistic regression to model student postsecondary choices with respect to whether and where to attend college. Specifically, we examined the enrollment patterns by proximity to the home region and factors associated with these college decisions. The results suggest that these students’ college choices were a process influenced by both precollege individual characteristics and social contexts. The findings also supported our hypothesis that acquisition of various types of capital and academic success of the school district (as one of several indicators of a college-going culture) were negatively related to student preferences for college proximity. These findings highlight the interplay between individual, family, community, and school at different levels as it influences college decisions of students from the deindustrialized Midwest region and regions alike.

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“…First, whether loans have a positive effect, negative effect, or no effect on persistence and completion may depend on the outcome of interest. Several studies have found that loans have positive effects on short‐term outcomes, such as persistence from the first to second year (Cofer & Somers, , ), but loans have no effect or a slight negative effect on longer term outcomes, such as persistence to a third year or 6‐year graduation rates (Dowd, ; McKinney & Burridge, ; St. John, Kirshstein, & Noell, ). McKinney and Burridge hypothesized that student borrowing might cause students to become dissatisfied with their investment, which combined with other setbacks (e.g., academic failure and dropping courses), could magnify their dissatisfaction, thus increasing the likelihood of dropout.…”

Section: College Persistence and Completionmentioning

confidence: 99%

The impact of student loans on college access, completion, and returns

2017

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Nearly half of all first‐time undergraduates take a loan to pay for college, and many students will borrow tens of thousands of dollars by the time they leave. Low‐income students and students of color borrow student loans more often and in larger amounts, yet attend less selective institutions, are more likely to drop out with debt. Among students who complete college, those with larger amounts of debt may struggle to pay back their loans or to invest in a house, family, or future education. Researchers are just beginning to untangle how the availability and use of student loans affects college access, educational attainment, and life after college, yet this topic has important implications for economic inequality and social stratification. In this article, we summarize what is known and what remains to be investigated, about the impact of student loan availability and use on college enrollment, degree completion, and postcollege outcomes.

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The Effects of Student Financial Aid on Persistence: A Sequential Analysis

Cited by 72 publications

References 23 publications

The Impact of Financial Aid on College GPA at Three Flagship Public Institutions

The Impact of Financial Aid on College GPA at Three Flagship Public Institutions

Leaving or Staying Home: Predicting Where Students Attend College

The impact of student loans on college access, completion, and returns

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