ERIC Number: ED345599
Record Type: RIE
Publication Date: 1992-Apr
The Role of Finances in the Persistence Process: A Structural Model.
Cabrera, Alberto F.; And Others
This paper reports the results of an empirical study on the role of finances on college persistence. A quantitative causal model, that relied on several theoretical frameworks, was tested via structural equation modelling for categorical data that incorporated constructs from the financial aid literature as well as the persistence literature. The research design was longitudinal in nature and analyses were conducted on a sample of 466 college students who were attending a large public urban commuter institution in the spring of 1989. In sum, results appeared to suggest that financial aid is important, not only because it equalizes opportunities between affluent and low-income students, but also because it facilitates the integration of the student into both the academic and social components of the institution as well as influencing his or her commitment to stay in college. Contains 51 references. (Author/GLR)
Descriptors: Academic Persistence, College Freshmen, College Preparation, Comparative Analysis, Dropout Research, Economic Factors, Higher Education, Longitudinal Studies, Low Income Groups, Social Integration, Student Attitudes, Student Characteristics, Student Educational Objectives, Student Financial Aid, Student Participation
Publication Type: Speeches/Meeting Papers; Information Analyses
Education Level: N/A
Audience: Policymakers; Administrators; Practitioners
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Note: Paper presented at the Annual Meeting of the American Educational Research Association (San Francisco, CA, April 20-24, 1992).