Improving College Access and Success for Low-Income Students: Evidence from a Large Need-based Grant Program

Gabrielle Fack and Julien Grenet

No 9699, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Using comprehensive administrative data on France?s single largest financial aid program, this paper provides new evidence on the impact of large-scale need-based grant programs on the college enrollment decisions, persistence and graduation rates of low-income students. We exploit sharp discontinuities in the grant eligibility formula to identify the impact of aid on student outcomes at different levels of study. We find that eligibility for an annual cash allowance of 1,500 euros increases college enrollment rates by up to 5 percentage points. Moreover, we show that need-based grants have positive effects on student persistence and degree completion

Keywords: College enrollment; Degree completion; Need-based grants; Student persistence (search for similar items in EconPapers)
JEL-codes: H52 I22 I28 (search for similar items in EconPapers)
Date: 2013-10
New Economics Papers: this item is included in nep-edu
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Related works:
Journal Article: Improving College Access and Success for Low-Income Students: Evidence from a Large Need-Based Grant Program (2015)
Working Paper: Improving College Access and Success for Low-Income Students: Evidence from a Large Need-Based Grant Program (2015)
Working Paper: Improving College Access and Success for Low-Income Students: Evidence from a Large Need-Based Grant Program (2015)
Working Paper: Improving College Access and Success for Low-Income Students: Evidence from a Large Need-Based Grant Program (2015)
Working Paper: Improving College Access and Success for Low-Income Students: Evidence from a Large Need-based Grant Program (2013)
Working Paper: Improving College Access and Success for Low-Income Students: Evidence from a Large Need-based Grant Program (2013)
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