The Impact of No-Loan Program Participation on the Likelihood of Graduate School Enrollment Among Low-Income, First-Generation Students

Justin C. Ortagus () and Dennis A. Kramer ()
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Justin C. Ortagus: Higher Education Administration & Policy University of Florida Gainesville, FL 32611
Dennis A. Kramer: School of Education Johns Hopkins University Baltimore, MD 21218

Education Finance and Policy, 2022, vol. 17, issue 1, 81-104

Abstract: Previous research shows that low-income and first-generation college students are less likely to obtain the benefits associated with attending graduate school. No-loan programs, which typically administer financial aid through institutional grants, are designed to improve access and success among students from low-income backgrounds, but we know very little about the influence of no-loan programs after students enroll and eventually graduate from college. This study examines the impact of no-loan program participation on graduate school enrollment by leveraging a novel institutional dataset and applying regression discontinuity, difference-in-differences, and propensity score weighting approaches. Results indicate that no-loan program participation has a positive and relatively consistent impact on graduate school enrollment among low-income and first-generation students.

Date: 2022
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