ERIC Number: ED148280
Record Type: RIE
Publication Date: 1976-Sep
Reference Count: 0
Money and College: Differences in Ability and SES.
Riccobono, J. A.; And Others
A few of the relationships between individuals who are eligible for and receive financial support from federal and nonfederal sources are examined as they bear on policy-making. The data on which this report is based are from the National Longitudinal Study of the High School Class of 1972 (NLS) sponsored by the National Center for Education Statistics. This report uses base-year and first follow-up (i.e., 1972 and 1973) data. Descriptive statistics are given relating to socioeconomic status and ability and current patterns of student financial support for postsecondary education. Fewer than half of the high school seniors who had planned in the spring of 1972 to obtain some kind of aid reported having received such aid during the 1972-1973 academic year. In general, the probability that these students would fulfill their specific financial aid plans (e.g., plan for and receive a federal scholarship) was quite low; the probability that they would receive support from some federal or nonfederal source was considerably higher. The probability of financial aid plan fulfillment varied according to student subgroup as well as by source of funds. For example, low SES students were more likely to fulfill their plans for federal aid; high SES students for nonfederal aid. Regardless of prior plans, it appears that the type of postsecondary school entered was an important factor in receiving financial assistance. (Author/LBH)
Publication Type: Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: Research Triangle Inst., Durham, NC.
Note: Paper presented at the Annual Meeting of the American Psychological Association (Washington, D.C. 1976)