ERIC Number: ED346893
Record Type: RIE
Publication Date: 1992
Using Financial Incentives To Improve Transfer between Two- and Four-Year Colleges.
Hauptman, Arthur M.
Transfer Working Papers, v3 n5 Sum 1992
Financial incentives are an important and vastly underutilized means of improving the rate at which two-year college students transfer to four-year institutions. The increased cost of tuition at a four-year institution can be a serious financial obstacle to the transfer student. One way to alleviate this might be to provide more financial aid to students who transfer than to students who enroll directly in the four-year institution. Another method would be to offer better aid packages, involving more grants and fewer loans, to transfer students than to native students. An alternative approach would provide four-year institutions with financial incentives to recruit, enroll, and retain more two-year college transfer students. These additional funds could be channeled through enrollment-dependent funding formulas. Transfer students could be double-counted or assigned a larger cost figure. Greater weight could also be assigned to transfer students in formulas used to distribute the three federal campus-based programs: Supplemental Education Opportunity Grants, College Work Study, and Perkins Loans. Providing financial incentives to community colleges to increase the numbers of students they transfer should be feasible as well. All financial incentives need to take into account the nontraditional character of a large part of the community college population, which consists of part-time, older, working students with generally lower incomes than students in four-year schools. At present, in all institutions, 48% of traditional college students receive aid, as compared to only 33% of nontraditional students. Effective financing of transfer, whether through student or institutional aid, will require further attention to financing the entire nontraditional student population. (JSP)
Descriptors: Access to Education, College Transfer Students, Colleges, Community Colleges, Educational Finance, Financial Policy, Financial Support, Funding Formulas, Higher Education, Incentives, Nontraditional Students, Paying for College, Resource Allocation, Student Financial Aid, Transfer Rates (College), Two Year Colleges, Universities
Publication Type: Speeches/Meeting Papers; Collected Works - Serials
Education Level: N/A
Sponsor: Ford Foundation, New York, NY.
Authoring Institution: American Council on Education, Washington, DC. National Center for Academic Achievement and Transfer.
Note: Based on a presentation made at the Invitational Leadership Seminar for Urban Institutions on Transfer Education (Washington, DC, October 3-4, 1991).