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ERIC Number: EJ883309
Record Type: Journal
Publication Date: 2009
Pages: 34
Abstractor: As Provided
Reference Count: 54
ISSN: ISSN-0002-8312
The Impact of Financial Aid on College GPA at Three Flagship Public Institutions
Stater, Mark
American Educational Research Journal, v46 n3 p782-815 2009
Academic achievement in higher education is an important current policy issue because institutions are under public pressure to justify state subsidies and rising tuitions with demonstrable gains in student learning. This article uses data from three flagship public universities to examine the effects of financial aid on first-through fourth-year college grade point average. The findings indicate that need-based aid and merit-based aid both have positive effects throughout college, and thus colleges may be able to use financial policy levers to increase academic achievement. However, since the effect of merit aid is larger than that of need-based aid, institutions may have incentives to reallocate aid and admissions spots from needy to merit students unless appropriate safeguards are adopted. (Contains 6 tables and 10 notes.)
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A