Bucky's Tuition Promise (BTP) at the University of Wisconsin--Madison offers generous financial aid to low-income, in-state students. Unlike many similar programs at other public universities, financial eligibility for BTP depends solely on a family's Adjusted Gross Income (AGI), rather than on the Expected Family Contribution (EFC) from the Free…

The Parent PLUS loan covers the financial gap of a student's educational expenses after other forms of financial assistance. Depending on the unmet need, the PLUS loan amount borrowed can be tens of thousands of dollars for a single academic year. In this research article, I provide results from evaluating financial aid offers at Missouri public,…

The Federal Work-Study (FWS) program provides over $1 billion dollars annually in taxpayer-funded financial assistance to a unique population of at-risk, economically-disadvantaged U.S. college students with limited options for employment-related development. Research on the effects of FWS participation, especially professional development, is…

Public universities are intent on increasing degree completion for many reasons. A stronger policy focus on completion and interest in removing students' financial hurdles has led to a rapid proliferation of completion grant programs. This paper reports on a mixed-method implementation study of completion grant programs at seven broad- and…

Institutional merit-based financial aid awards are widely utilized by enrollment management practitioners to attract and retain students desired by the institution and to increase net tuition revenue. While much research has been conducted on federal need-based aid and statewide merit aid, relatively few studies have been conducted on merit aid…

Public sector universities offer in-state and out-of-state students similar amounts of institutional aid per ACT point. Private universities, however, offer in-state students over 65% more aid per ACT point than out-of-state students. I develop a general equilibrium model to explain why private universities price discriminate in favor of in-state…

Almost every state offers some kind of college tuition assistance for students from low-income families who attend in-state colleges and universities. This aid is important: It can make all the difference as to whether students finish a degree program that can help pave their way to a well-paying job and meaningful career. In New Jersey, residents…

Purpose: Public universities are intent on increasing degree completion for many reasons. A stronger policy focus on completion and interest in removing students' financial hurdles has led to a rapid proliferation of completion grant programs. This paper reports on a mixed method implementation study of completion grant programs at seven broad-…

All students should have the ability to thrive within collegiate environments. Despite widening access for postsecondary education participation, low-income students often do not experience the collegiate environment in the same ways as their well-resourced peers. Previous research highlights obstacles low-income students face; yet, these results…

High tuition makes headlines and may dissuade students from pursuing college or excluding what appear to be high-cost colleges. However, a college's "sticker price" can be misleading because it does not reflect any grant or scholarship aid that reduces the price students actually pay. As the costs of attending college have risen, the…

This study investigated the relationship between institutional graduation rates of students with Pell grants and institutional/financial aid characteristics. Study findings suggest that increasing the proportion of Pell recipients was related to a decrease in Pell student graduation rates, while increasing institutional grants was associated with…

This article highlights learning lessons and best practices from the California Campus Catalyst Fund (CCCF), a unique three-year, $14M grant and technical assistance initiative, which supports programs for undocumented students at 32 campuses within each of the public higher education segments in California (University of California, California…

College students with disabilities often encounter systems and processes that do not serve them well. Financial aid, structured in ways that can be particularly burdensome to students with disabilities, is one such system. This study used web-based content analysis of the largest public four-year institution in each state to explore how…

Verification is a federally mandated process that requires selected students to further attest that the information reported on their Free Application for Federal Student Aid (FAFSA) is accurate and complete. In this brief, we estimate institutional costs of administrating the FAFSA verification mandate and consider variation in costs by…

Despite the robust literature on the effects of financial aid, the effects of financial aid loss remain largely understudied. We employ a regression discontinuity design, leveraging a minimum GPA scholarship renewal threshold, to examine the effect of losing state merit aid eligibility on college student stop-out, transfer, and bachelor's degree…