ERIC Number: ED440189
Record Type: RIE
Publication Date: 2000-Apr
Reference Count: N/A
Low-Income Students: Who They Are and How They Pay for Their Education. Postsecondary Education Descriptive Analysis Reports. Statistical Analysis Report.
Choy, Susan P.
This report examines the characteristics of low-income undergraduates and how they pay for college. It begins with a profile of low-income students, comparing them with their not-low-income counterparts. Then, focusing on low-income students who attend full time, full year, it examines their financial need, describes the contribution of financial aid, and presents what is known about how they close the gap between what they pay and the amount of aid they receive. Finally, the report compares 3-year persistence among low-income and not-low-income undergraduates. The analysis relies primarily on the 1995-96 National Postsecondary Student Aid Study, with supplemental information from other national surveys. In 1995-96, 26% of all undergraduates were low income, and 17% of dependent undergraduates were classified as low income. Virtually all low-income undergraduates attending full time, full year had financial need, and most received some financial aid. Grants were received by 81%, and 51% had loans. A substantial part of the gap between student budget and financial aid came from student earnings. Many factors affect academic persistence, but low income students enrolled in 1995-1996 were less likely to have earned a degree or still be enrolled in 1998. Three appendixes contain supplemental tables, a glossary, and technical notes. (Contains 34 tables and 11 figures.) (SLD)
Descriptors: Educational Finance, Financial Needs, Financial Support, Higher Education, Low Income Groups, Minority Groups, Paying for College, Student Characteristics, Student Employment, Tables (Data), Undergraduate Students
ED Pubs, P.O. Box 1398, Jessup, MD 20794-1398. Tel: 877-433-7827 (Toll Free). For full text: http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2000169.
Publication Type: Numerical/Quantitative Data; Reports - Research
Education Level: N/A
Authoring Institution: National Center for Education Statistics (ED), Washington, DC.