Governments around the world use grant and loan programs to ease the financial constraints that contribute to socioeconomic gaps in college completion. A growing body of research assesses the impact of grants; less is known about how loan programs affect persistence and degree completion. We use detailed administrative data from Chile to provide…

In this pre-registered study, we analyze the effects of need-based financial aid grant offers on the educational outcomes of low-income college students based on a large-scale randomized experiment (n=48,804). We find evidence that the grant offers increase two-year persistence by 1.7 percentage points among four-year college students. The…

A college degree is increasingly necessary in today's economy. Federal policy makers have attempted to encourage college attendance and degree attainment through financial aid provided to students. However, this aid has generally been unsuccessful in raising degree attainment rates, which remain quite low and have not risen for the past 20 years.…

While the Pell Grant covers a substantial proportion of college tuition for low-income students, it has covered only two full-time semesters per year and has not included any support for summer courses through most of its history. As research has shown that continuous enrollment throughout the year increases college persistence and completion, the…

To address conceptual and methodological shortcomings in the extant literature on student mobility, this study employs event history modeling to describe and explain how state policy levers, specifically state grant aid, relates to mobility and baccalaureate degree completion. We find that state grant aid reduces mobility, but less so than…

Over the previous two decades, state lawmakers have made two fundamental changes to how they finance their public universities. They have shifted more of the costs of higher education to students and their families through higher tuition rates; and created new grant programs that are not solely based on financial need but require prior…

This set of Web Tables is the first in a series of four that together provide key information about 2011-12 first-time postsecondary students' characteristics and their 6-year retention, persistence, attainment, withdrawal, stopout, and transfer rates. The series draws on data collected for the 2012/17 Beginning Postsecondary Students Longitudinal…

This study examined whether eligibility for the Florida Student Access Grant, a need-based grant for low-income students in Florida, affects college enrollment, credit accumulation, persistence over time in college, and, eventually, graduation. The sample for this study included seniors in Florida public high schools in 1999-2000 who submitted a…

Gaps in average college success among students of differing backgrounds have persisted in the United States for decades. One of the primary ways governments have attempted to ameliorate such gaps is by providing need-based grants, but little evidence exists on the impacts of such aid on longer term outcomes such as college persistence and degree…

A policy analysis of Florida's 10-factor Performance-Based Funding system for state universities. The focus of the article is on the system of performance metrics developed by the state Board of Governors and their impact on institutions and their missions. The paper also discusses problems and issues with the metrics, their ongoing evolution, and…

The SREB Fact Book on Higher Education includes data on the population and economy, enrollment, degrees, student tuition and financial aid, faculty and administrators, revenue and expenditures. With more than 100 tables of detailed information, the Fact Book is one of the nation's most respected and most comprehensive collections of comparative…

The U.S. Congress has mandated that the National Center for Education Statistics (NCES) produce an annual report to help inform policymakers about the progress of education in the United States. Using data from across the center and from other sources of education data, "The Condition of Education 2015" presents 42 key indicators on…

While the effects of the shift from need- to merit-based grants on student enrollment and receipt of aid have been examined thoroughly by a number of analysts, very few recent reports have examined the effects of these grants on students' persistence towards completing bachelor's degrees. To examine this issue, this report explores the linkages…

To help inform policymakers and the public about the progress of education in the United States, Congress has mandated that the National Center for Education Statistics (NCES) produce an annual report, "The Condition of Education." This year's report presents 42 indicators on important topics and trends in U.S. education. These…

The effects of financial aid on persistence to Bachelor's degree were studied using data from the national longitudinal Beginning Postsecondary Student Survey for 1989-90 freshmen. The subsample of 3,188 students were enrolled full-time in four-year institutions; persistence was defined as attainment of the Bachelor's degree from the institution…