The use of merit criteria in awarding institutional aid has grown considerably and, some argue, is supplanting need as the central factor in awarding aid. Concurrently, the accountability movement in higher education has placed greater emphasis on retention and graduation as indicators of institutional success and quality. In this context, this…

This study explored whether a predictive model of student loan default could be developed with data from an institution's three-year cohort default rate report. The study used borrower data provided by a large two-year community college. Independent variables under investigation included total undergraduate Stafford student loan debt, total number…

Lack of financial resources to pay for postsecondary education--perceived and actual--has been cited as a barrier to student access and persistence, particularly for Latino students. This study investigates the following question: "To what extent does financial aid affect the educational attainment of Latinos enrolled in Associate's degree…

No group of college students persists at a rate lower than freshmen students to their sophomore year. In 2011, those rates varied from 55.4% at two-year public colleges to 80.3% at private schools offering a PhD program. This study investigated the impact of five pre-matriculation variables on the retention of freshmen students to their sophomore…

This study examines the institutional factors associated with student loan default. When a college has more than 30% of its students default on their loans, then the institution faces federal sanctions that could make them ineligible from participating in the federal student loan program. Using Integrated Postsecondary Education Data System…

Using the 2007-2008 National Postsecondary Student Aid Study, this study tested positively the hypothesis that college students are either likely to acquire debt above the national median or work more than 30 hours a week in order to graduate from a four year degree within six years. These results resonate with the theory of academic capitalism,…

There is an underlying assumption that regardless of student ethnicity, socio-economic status, or any other variable, elite, independent schools by mission and design are effective at producing successful students. This would cause some to conclude that all students enrolled in elite, independent schools perform similarly on all academic measures.…

The greatest limitation in establishing causality in observational studies on the effect of financial aid is the presence of endogeneity or selection bias associated with aid status. To control for this statistical confoundedness that besets the research corpus to date, this study estimates the effect of financial aid on freshmen retention at a…

The chapter begins by discussing why the continued underrepresentation of blacks and Hispanics in American higher education is a critical area for research, policy, and practice. The author then describes the expanded conceptual model and summarizes research support for the model. (Contains 1 table.)

The influence of financial aid on college student persistence was studied using causal modeling. The study population was 227 full-time freshmen, who enrolled in fall 1982 at a liberal arts college at a large commuter institution. All the students received financial aid. The model, which included background and academic variables, accounted for…

A study compared approaches to assessing the influence of student financial aid on within-year persistence of traditional college students. Results indicated that models including tuition were better predictors of persistence, that use of multiple approaches provided more insight into policy's role, and that tuition charges had a consistent…

Factors affecting changes in net tuition revenue in private colleges were studied, and a model accounting for these factors was tested using 1976-1977 and 1977-1978 data. Analysis focused on the influence of tuition price, financial aid, and enrollment. Secondary consideration was given to those institutional characteristics that may distinguish…

This study uses multilevel modeling to examine, after taking student-level predictors of enrollment into account, the effects of state public policies on the type of institution high school graduates attend. Four types of state policies (direct appropriations, tuition, financial aid, and K-12 academic preparation) influence the type of college…

Default on guaranteed student loans has been increasing. The use of discriminant analysis as a technique to identify "good" v "bad" student loans based on information available from the loan application is discussed. Research to test the ability of models to such predictions is reported. (Author/MLW)

The institutional programmatic and workload factors that have influential effects on the costs of administering the student financial aid (SFA) service were studied, based on a survey of 51 public universities. Thirty-two of the sample were chosen due to their similarities with the University of Florida, and the remaining were members of the…