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

26 Pages Posted: 5 Dec 2017

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

Multiple version iconThere are 3 versions of this paper

Date Written: January 2018

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 nonfinancial 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 nonfinancial 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 nonfinancial supports, were more likely to meet credit accumulation benchmarks toward timely graduation and earned higher grade point averages than their barely ineligible counterparts.

JEL Classification: I21, I23, I24, J08

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 (January 2018). Economic Inquiry, Vol. 56, Issue 1, pp. 278-303, 2018, Available at SSRN: https://ssrn.com/abstract=3079070 or http://dx.doi.org/10.1111/ecin.12486

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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National Bureau of Economic Research (NBER)

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Steven W. Hemelt

University of North Carolina - Chapel Hill ( email )

102 Ridge Road
Chapel Hill, NC NC 27514
United States

Helen F. Ladd

Duke University - Sanford School of Public Policy ( email )

201 Science Drive
Box 90312
Durham, NC 27708-0239
United States
919-613-7352 (Phone)

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