This Statistics in Brief examines private loans by institution sector, tuition amount, student characteristics, and level. This study attempts to answer the following questions: (1) How did undergraduate borrowing from private sources change from 2003-04 to 2007-08 and who obtained private loans?; (2) To what extent did undergraduates combine…

First Generation undergraduate students from low-income households (FGLI students) continue to have substantially higher dropout rates than non first generation students or students from more affluent households despite numerous efforts over many decades to improve graduation rates among this group of students. The purpose of this research is to…

A study analyzed characteristics of 392 University of Dayton (Ohio) students borrowing through the Perkins Loan Program to discover their relative impact on loan default behavior, and developed a model to help predict individual potential defaulters. Financial aid policy recommendations aimed at reducing default costs at the institution are…

The impact of student input characteristics and college environments on types and amounts of financial aid received by men and women are studied. A demographic description of federal student financial aid recipients can be valuable to policy makers in evaluating the degree of success in providing aid to target populations. (MLW)

This study examines the default behavior of 3,325 undergraduate student borrowers who attended Prairie View A&M University (PVAMU) and entered repayment on their TG-guaranteed Federal Family Education Loan Program (FFELP) loans between October 1, 2000 and September 30, 2002 (fiscal years 2001-2002). Using the Department of Education's official…

The failure of students to repay federally insured loans has led to an increased emphasis on default prevention and threatens institutions with high default rates with exclusion from federal student aid programs. Prior studies of default prevention using theoretical constructs based on economics, sociology, and psychology have yielded mixed…

Current financial assistance files at three public colleges/universities were examined to determine whether there is discrimination of women in the award of financial aid. Attention was directed to several specific assistance programs: Basic Educational Opportunity Grant Awards, National Direct Student loans, Guaranteed Student Loans, Supplemental…

An empirical approach is taken to the problem of predicting effects of student financial aid programs on postsecondary enrollment rates and patterns. A model of students' enrollment decisions is developed and used to estimate the likely effects of alternative award policies for the Basic Educational Opportunity Grant (BEOG) program. The analysis…

A study of 180 defaulters and 907 nondefaulters on federal loans at a private 2-year college found that withdrawal from college, gender, race, age, high school rank, and college grades were significantly correlated with default status. Division choice, borrowing characteristics, and reasons for leaving college did not correlate with default…

This study examined the use of education tax credits at four community colleges using data from the Federal Quality Assurance Program in 1998, the first year of the HOPE Scholarship and Lifetime Learning Tax Credit (LLTC). Preliminary estimates indicated that the two tax credits were expected to primarily benefit middle-income tax filers with…

For several decades, education has assumed a vital role in this country's economic, social, and political development, catapulting less advantaged citizens into higher social classes and the political process. A testament to education's fundamental importance in our society are the numerous programs designed during the 1960s to eliminate the…