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Olbrecht, Alexandre M.; Romano, Christopher; Teigen, Jeremy – Journal of Student Financial Aid, 2016
In this paper, we leverage detailed, individual-level student data to understand the relationships between family finances, merit-based aid, and first-year student retention. With three cohorts of student data that comprise family financial status, institutional merit scholarships, and many of the other known correlates of student retention, we…
Descriptors: Higher Education, Academic Persistence, Family Income, Parent Financial Contribution