How financial aid affects persistence
By: Eric Bettinger.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10242; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10242.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Student aid -- United States.; Federal aid to higher education -- United States.; College dropouts -- United States.
Description: "The Pell Grant program is the largest means-tested financial assistance available to postsecondary students across the United States, yet researchers have only limited evidence on the causal effects of these grants.  This paper examines the effect of Pell grants on student persistence after the first year.  The paper uses unique, student-level data from all public colleges in Ohio.  The data include detailed financial data which allow me to identify small discontinuities in the Pell grant formula.  I exploit these discontinuities to identify the causal effects of the voucher.  The results based on discontinuity approaches suggest that Pell grants reduce college drop-out behavior.  The results in this paper support other evidence that find a relationship between need-based aid and college completion (e.g.  Dynarski 2002, Turner and Bound 2002)"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 1/21/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.