Do No-Loan Policies Change the Matriculation Patterns of Low-Income Students?

Glen Waddell () and Singell, Jr., Larry D. ()
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Singell, Jr., Larry D.: University of Oregon

No 4362, IZA Discussion Papers from Institute for the Study of Labor (IZA)

Abstract: We empirically examine whether there is discernable variation in the matriculation patterns of low-income students at public flagship institutions in the United States around changes in institutional financial-aid policies that target resident, low-income students with need-based aid. While enrollment responses cannot be attributed to these programs, we do find that institutions that introduce income-targeted aid subsequently enroll financially needier and geographically more-distant students. These findings imply that "improved" access may actually displace some needy students in favor of others.

Keywords: low income; financial aid; no loan; Pell (search for similar items in EconPapers)
JEL-codes: I23 I21 J24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-edu
Date: 2009-08
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