This paper examines the effects of Pell Grant eligibility on student outcomes. Using a regression discontinuity (RD) design and a partial identification approach, the study provides bounds on the treatment effects that account for selection bias arising from the loss of grant eligibility. While initial eligibility is determined by financial need…

Little is known about the effects of need-based financial aid disbursed late into college and how students respond when they approach lifetime limits for receiving aid. I exploit changes to federal Pell Grant eligibility rules that reduced the lifetime availability for grant aid from 9 to 6 full-time-equivalent years to examine these questions.…

Credit hour policies, or performance-based financial aid policies, have become increasingly popular among policymakers seeking to improve degree completion rates. In the Unites States, the college completion agenda has been bolstered by national calls from intermediary organizations and philanthropic foundations alike to raise the overall rate and…

RAND researchers studied more than 450,000 recipients of New Jersey's Tuition Aid Grant (TAG) -- the nation's most generous state-funded grant program per state resident college student -- to explore whether getting larger amounts of grant aid led to higher graduation rates for students at varying income levels and attending two-year, four-year,…

Researchers compared Pell-eligible and non-Pell-eligible undergraduate students' pre-study abroad GPA and graduation GPAs and time-to-graduation. The results indicated a longer time-to-graduation for Pell-eligible students. However, Pell-eligible students who had studied abroad graduated with comparable GPAs to their non-Pell study abroad peers…

In an era of increased accountability for colleges and concerns about an affordable education, it is useful to understand whether students can adequately manage the debt burden they hold after leaving higher education. In 2015, Texas called for cumulative undergraduate debt to be 60% or less of public institution graduates' first-year earnings by…

The returns to higher education have increased dramatically in recent decades with the rise of the global, knowledge-based economy. Research shows that the college earnings premium has increased more than 10 percent over the last fifteen years and that the returns to college are concentrated among completers. Despite these benefits, many students…

This dissertation includes three chapters focusing on policies directly related to improving college access and success. The first chapter focuses on lifetime eligibility of federal and state financial aid policies. The Pell Grant plays a critical role in helping students across the US to afford undergraduate education. In spite of its importance…

A common misperception suggests that a high-achieving student can easily complete a degree with very limited debt, and that students with high levels of debt are thus underachievers. This assumption is supported by memories of previous decades when it was realistically possible for most students to work their way through college. This view,…

The Integrated Postsecondary Education Data System (IPEDS) collects institution-level data from postsecondary institutions in the United States (50 states and the District of Columbia) and other U.S. jurisdictions. This First Look presents findings from the provisional data of the IPEDS winter 2017-2018 data collection, which included five survey…

Postsecondary leaders and policy-makers have turned to performance-based aid programs as one way reduce time to degree completion and improve completion rates among low income students. By tying aid eligibility to minimum academic performance standards in college, it is thought that greater academic commitment can be promoted. Underlying these…

The analysis in this report examines the national gap and institutional-level gaps in graduation rates between Pell and non-Pell Grant recipients at nearly 1,150 four-year, public and private nonprofit institutions across the nation. The data show the national graduation rate for Pell Grant recipients attending institutions in the sample is…

This document presents statistics about higher education in Maryland for 2019. The tables in this document are presented according to the following categories: (1) Students; (2) Retention and Graduation; (3) Degrees; (4) Faculty and Staff; (5) Revenues and Expenditures; (6) Tuition and Fees; (7) Financial Aid; (8) Private Career Schools; and (9)…

This document presents statistics about higher education in Maryland for 2018. The tables in this document are presented according to the following categories: (1) Students; (2) Retention and Graduation; (3) Degrees; (4) Faculty; (5) Revenues and Expenditures; (6) Tuition and Fees; (7) Financial Aid; and (8) Private Career Schools. [For…

There is growing interest in leveraging Title IV student aid to improve college completion. Advocates have proposed linking funding in the Pell and Campus-Based Programs to measures of college performance. However, to do so in an equitable and efficient manner, raw measures of college output, such as rates of graduation and academic progress, must…