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The Impact of the "Return to Title IV Funds" (R2T4) Policy on Student Near-Term Outcomes: Evidence from Administrative Data
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Ari Anisfeld; Elizabeth Bell; Oded Gurantz; Dennis Kramer – Society for Research on Educational Effectiveness, 2023
The administration of college financial aid is a key venue through which colleges can affect the likelihood that students will make it to graduation. We investigate the effects of an understudied yet consequential federal student aid policy: Return of Title IV Funds (R2T4). Under R2T4, students "earn" Federal Student Aid over a term or…
Descriptors: College Students, Student Financial Aid, Federal Aid, Educational Legislation