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:
“The effect of a good government is to make life more valuable; of a bad one, to make it less valuable.”
—Henry David Thoreau (1817–1862)
“Governing today means giving acceptable signs of credibility. It is like advertising and it is the same effect that is achieved—commitment to a scenario.”
—Jean Baudrillard (b. 1929)
“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)
“Under the pressure of the cares and sorrows of our mortal condition, men have at all times, and in all countries, called in some physical aid to their moral consolations—wine, beer, opium, brandy, or tobacco.”
—Edmund Burke (1729–1797)