ERIC Number: ED245649
Record Type: RIE
Publication Date: 1984-Apr
How Do Student College Finances Vary by Student and Institutional Characteristics?
Maxwell, James P.; Corrallo, Salvatore B.
The way that college finances vary by student and college characteristics was studied. Attention was directed to the types of institutions and students who benefit from educational assistance programs and the degree these sources of assistance cover the students' educational costs. The data were obtained from the 1982 Cooperative Institutional Research Program Survey of first-time, full-time freshmen, and from the 1982 College Scholarship Institutional Survey. Based on the use of multivariate analysis, findings include the following: there is a rapid decline in average Pell awards both in dollar received and dollar per educational cost from the family with $10,000 to the median $25,000 income; receipt of Supplemental Educational Opportunity Grants and state grants show a decline from $15,000 to the $25,000 median income; students with family incomes between $25,000-$40,000 receive less Guaranteed Student Loans, National Direct Student Loans, and College Work Study assistance than did students with family incomes below $25,000 but more than students with family incomes exceeding $40,000; students from higher income families obtain more assistance from summer work; and students receive more aid in college grants and this aid covers more of their educational expenses as institutional costs rise from the $5,500 median to $9,000. (SW)
Publication Type: Reports - Research; Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: N/A
Note: Paper presented at the Annual Meeting of the American Educational Research Association (68th, New Orleans, LA, April 23-27, 1984). Tabular data may not reproduce well.