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A Typology of Institutional Loan Replacement Grant Initiatives for Low- and Moderate-Income Students
Direct linkLips, Adam Joseph Argaylis – Review of Higher Education, 2011
In recent years, growing numbers of four-year institutions have implemented a new type of need-based financial aid policy directed toward low- and middle-income students. These initiatives--referred to here as Loan Replacement Grant (LRG) programs--greatly reduce or eliminate loans in student aid awards and replace them with grants. This paper…
Descriptors: Income, Classification, Student Financial Aid, Grants
Peer reviewedHood, Albert B.; Maplethorpe, Cheryl K. – New Directions for Institutional Research, 1980
Research findings regarding the impact of financial aid on the academic lives of college students, their grades, their academic loads, and their persistence are summarized. The five areas of financial aid studied are parental support, scholarships and grants, loans, work, and aid packages. (Author/JMD)
Descriptors: Academic Achievement, College Students, Financial Support, Grants
