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Mabel, Zachary – Research in Higher Education, 2020
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.…
Descriptors: Eligibility, Student Financial Aid, College Students, Federal Aid