Does Financial Aid Impact College Student Engagement?
Angela Boatman () and
Additional contact information
Angela Boatman: Vanderbilt University
Research in Higher Education, 2016, vol. 57, issue 6, No 1, 653-681
Abstract While increasing numbers of students have gained access to higher education during the last several decades, postsecondary persistence and academic success remain serious concerns with only about half of college entrants completing degrees. Given concerns about affordability and resources, policymakers and administrators wonder how financial aid impacts student outcomes, particularly among low-income students. We investigate this question looking at a range of outcomes beyond just academic performance by focusing on the Gates Millennium Scholars (GMS) Program, a generous grant program that provided a renewable scholarship to talented undergraduate students of color with financial need. We isolate the impact of financial aid on academic and community engagement by comparing the outcomes of GMS recipients to similar non-recipients who were likely to have comparably-high levels of motivation and potential for success. With information about the application process, we use similar applicants not selected for the award as a comparison group. We then employ a Regression Discontinuity research design to provide causal estimates of the effects of GMS. The results suggest that GMS recipients were more likely to engage with peers on school work outside of class. Additionally, GMS recipients were much more likely to participate in community service activities and marginally more likely to participate in other extracurricular activities than their non-GMS peers.
Keywords: Financial aid; Student engagement; College success; Community service (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s11162-015-9402-y Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:reihed:v:57:y:2016:i:6:d:10.1007_s11162-015-9402-y
Ordering information: This journal article can be ordered from
Access Statistics for this article
Research in Higher Education is currently edited by Robert K. Toutkoushian
More articles in Research in Higher Education from Springer, Association for Institutional Research
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().