Multifaceted Aid for Low-Income Students and College Outcomes: Evidence from North Carolina

Charles T. Clotfelter (), Steven W. Hemelt () and Helen Ladd
Additional contact information
Charles T. Clotfelter: Duke University
Steven W. Hemelt: University of North Carolina, Chapel Hill

No 9888, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We study the evolution of a campus-based aid program for low-income students that began with grant-heavy financial aid and later added a suite of non-financial supports. We find little to no evidence that program eligibility during the early years (2004–2006), in which students received additional institutional grant aid and few non-financial supports, improved postsecondary progress, performance, or completion. In contrast, program-eligible students in more recent cohorts (2007–2010), when the program supplemented grant-heavy aid with an array of non-financial supports, were more likely to meet credit accumulation benchmarks toward timely graduation and earned higher GPAs than their barely ineligible counterparts.

Keywords: postsecondary completion; financial aid (search for similar items in EconPapers)
JEL-codes: I21 I23 I24 J08 (search for similar items in EconPapers)
Pages: 57 pages
Date: 2016-04
New Economics Papers: this item is included in nep-dem and nep-edu
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Citations: View citations in EconPapers (2)

Published - published in: Economic Inquiry, 56(1), 278-303.

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Related works:
Journal Article: MULTIFACETED AID FOR LOW‐INCOME STUDENTS AND COLLEGE OUTCOMES: EVIDENCE FROM NORTH CAROLINA (2018)
Working Paper: Multifaceted Aid for Low-Income Students and College Outcomes: Evidence from North Carolina (2016)
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