Come and Stay a While: Does Financial Aid Effect Enrollment and Retention at a Large Public University?
|dc.contributor.author||Singell, Jr., Larry D.|
|dc.description.abstract||[Excerpt] Few studies have examined whether financial aid affects college retention. This paper models the decision to enroll and re-enroll in college, which yields a bivariate probit model that is estimated using detailed individual data from a large public university. The analysis uses the unique detail of institution-specific data to examine the effect of financial aid on the re-enrollment decision, and exploits the sequential college completion process to condition the re-enrollment probabilities for college selection such that the implications are broader than is typical of a single-institution study. Overall, the results indicate that some types of need-based aid improve retention, but that merit-based aid has the largest retention effects and particularly for well-to-do enrollees.|
|dc.rights||Required Publisher Statement: Published by the Cornell Higher Education Research Institute, Cornell University.|
|dc.title||Come and Stay a While: Does Financial Aid Effect Enrollment and Retention at a Large Public University?|
|dc.description.legacydownloads||cheri_wp18.pdf: 2672 downloads, before Oct. 1, 2020.|
|local.authorAffiliation||Singell, Jr., Larry D.: University of Oregon|