Impacto de la ayuda financiera en la matrícula técnica y universitaria

Impact of financial aid in higher education enrollment in Chile

Christian Blanco and Francisco Meneses ()

MPRA Paper from University Library of Munich, Germany

Abstract: We aimed to evaluate the impact of governmental financial aid in vocational and college enrollment, solving the endogenous process in the application to benefits. Using a two-step instrumental varia- bles procedure, we found that college financial aid increases college enrollment by 30%. Being se- lected to college financial aid reduces the probability of vocational enrollment, although only voca- tional financial aid does increases this probability, which may be understood as a substitution effect.

Keywords: Financial aid; enrollment; higher education; vocational; college. (search for similar items in EconPapers)
JEL-codes: I20 I22 I23 (search for similar items in EconPapers)
Date: 2013-06, Revised 2012-10
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Published in Sociedad Hoy 24.1(2013): pp. 107-117

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:32025

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