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dc.contributor.authorSingell, 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.rightsRequired Publisher Statement: Published by the Cornell Higher Education Research Institute, Cornell University.
dc.subjectfinancial aid
dc.subjectpublic universities
dc.titleCome and Stay a While: Does Financial Aid Effect Enrollment and Retention at a Large Public University?
dc.description.legacydownloadscheri_wp18.pdf: 2672 downloads, before Oct. 1, 2020.
local.authorAffiliationSingell, Jr., Larry D.: University of Oregon

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