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ERIC Number: EJ905705
Record Type: Journal
Publication Date: 2008
Pages: 12
Abstractor: As Provided
Reference Count: 17
ISSN: ISSN-0884-9153
Degree Attainment of Undergraduate Student Borrowers in Four-Year Institutions: A Multilevel Analysis
Li, Dai
Journal of Student Financial Aid, v37 n3 p5-16 2008
Recent research on loan effects on student borrowers has focused on pre-college and post college behavior, neglecting the loan effects during the within-college period. This study integrated the student retention models and financial nexus model to investigate the effects of different kinds of financial aid on degree attainment of undergraduates in 4-year institutions. The author employed multilevel analysis to examine the effects of loans and grants in within-institution, between-institutions, and comprehensive models, and found that grants were a better financial means than loans in assisting students to receive a degree. (Contains 3 tables and 1 figure.)
National Association of Student Financial Aid Administrators. 1101 Connecticut Avenue NW Suite 1100, Washington, DC 20036. Tel: 202-785-0453; Fax: 202-785-1487; e-mail:; Web site:
Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A