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Autor/inn/enOlbrecht, Alexandre M.; Romano, Christopher; Teigen, Jeremy
TitelHow Money Helps Keep Students in College: The Relationship between Family Finances, Merit-Based Aid, and Retention in Higher Education
QuelleIn: Journal of Student Financial Aid, 46 (2016) 1, Artikel 2 (15 Seiten)
PDF als Volltext (1); PDF als Volltext kostenfreie Datei (2) Verfügbarkeit 
Spracheenglisch
Dokumenttypgedruckt; online; Zeitschriftenaufsatz
ISSN0884-9153
SchlagwörterHigher Education; Academic Persistence; Family Income; Parent Financial Contribution; Student Financial Aid; Merit Scholarships; College Freshmen; Cohort Analysis; Maximum Likelihood Statistics; Statistical Analysis; School Holding Power; Predictor Variables; Regression (Statistics); New Jersey
AbstractIn this paper, we leverage detailed, individual-level student data to understand the relationships between family finances, merit-based aid, and first-year student retention. With three cohorts of student data that comprise family financial status, institutional merit scholarships, and many of the other known correlates of student retention, we regress sophomore retention of first-time, full-time students on the financial variables with controls. We find that an increase in a family's ability to contribute to educational costs improves a student's chances of retention. Additionally, our data show that institutional financial assistance also bolsters the likelihood that students return for their sophomore year. (As Provided).
AnmerkungenNational Association of Student Financial Aid Administrators. 1101 Connecticut Avenue NW Suite 1100, Washington, DC 20036. Tel: 202-785-0453; Fax: 202-785-1487; e-mail: membership@nasfaa.org; Web site: http://www.nasfaa.org
Erfasst vonERIC (Education Resources Information Center), Washington, DC
Update2020/1/01
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