Effect of Financial Aid On Enrollment
In a study on the correlation between the price of higher education and enrollment rates, Donald Heller finds that the amount of financial aid available for students is a strong factor in enrollment rates.
Different factors have different effects on financial aid:
- Decreases in the amount of financial aid leads to decreases in enrollment. However, different types of financial aid have differing effects. Grant awards tend to have a stronger effect on enrollment rates.
- Changes in tuition and financial aid affect poorer students more than they affect students with higher incomes.
- In terms of race, changes in financial aid affects black students more than it affects white students.
- Changes in financial aid affect students from community colleges more than students from four-year schools.
Read more about this topic: Student Financial Aid
Famous quotes containing the words effect of, effect, financial and/or aid:
“To get time for civic work, for exercise, for neighborhood projects, reading or meditation, or just plain time to themselves, mothers need to hold out against the fairly recent but surprisingly entrenched myth that “good mothers” are constantly with their children. They will have to speak out at last about the demoralizing effect of spending day after day with small children, no matter how much they love them.”
—Wendy Coppedge Sanford. Ourselves and Our Children, by Boston Women’s Health Book Collective, introduction (1978)
“The first general store opened on the ‘Cold Saturday’ of the winter of 1833 ... Mrs. Mary Miller, daughter of the store’s promoter, recorded in a letter: ‘Chickens and birds fell dead from their roosts, cows ran bellowing through the streets’; but she failed to state what effect the freeze had on the gala occasion of the store opening.”
—Administration in the State of Sout, U.S. public relief program (1935-1943)
“America is a nation with no truly national city, no Paris, no Rome, no London, no city which is at once the social center, the political capital, and the financial hub.”
—C. Wright Mills (1916–1962)
“...women were fighting for limited freedom, the vote and more education. I wanted all the freedom, all the opportunity, all the equality there was in the world. I wanted to belong to the human race, not to a ladies’ aid society to the human race.”
—Rheta Childe Dorr (1866–1948)