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

57 Pages Posted: 25 Apr 2016

See all articles by Charles T. Clotfelter

Charles T. Clotfelter

Duke University - Sanford School of Public Policy; Duke University - Department of Economics; National Bureau of Economic Research (NBER)

Steven W. Hemelt

University of North Carolina - Chapel Hill

Helen F. Ladd

Duke University - Sanford School of Public Policy

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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

JEL Classification: I21, I22, I23, I24

Suggested Citation

Clotfelter, Charles T. and Hemelt, Steven W. and Ladd, Helen F., Multifaceted Aid for Low-Income Students and College Outcomes: Evidence from North Carolina. IZA Discussion Paper No. 9888, Available at SSRN: https://ssrn.com/abstract=2769196 or http://dx.doi.org/10.2139/ssrn.2769196

Charles T. Clotfelter (Contact Author)

Duke University - Sanford School of Public Policy ( email )

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Duke University - Department of Economics

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Steven W. Hemelt

University of North Carolina - Chapel Hill ( email )

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Helen F. Ladd

Duke University - Sanford School of Public Policy ( email )

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Durham, NC 27708-0239
United States
919-613-7352 (Phone)

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