Tuition discounting, the use of institutionally funded grants to help defray students' college costs, came into vogue in the late 1970s and has since become standard practice at U.S. four-year colleges and universities. Institutions use the discounts for a variety of purposes, but generally their use is to manage or tailor enrollment in some…

This report presents study results concerning student financial aid and the payback periods for state grants, federal grants, and federal loans to the State of Arkansas and to the Federal Government. The study reveals that student aid for postsecondary education in Arkansas has significant, positive effects on the state's tax revenue and on the…