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ERIC Number: EJ965776
Record Type: Journal
Publication Date: 2004
Pages: 11
Abstractor: As Provided
Reference Count: 26
ISSN: ISSN-0884-9153
Lots of Money, Limited Options: College Choice and Student Financial Aid
Redd, Kenneth E.
Journal of Student Financial Aid, v34 n3 p29-39 2004
Financial aid and college preparatory programs are designed in part to allow students from low-income families to have the same choices of institutions as those from middle- and upper-income groups. Unfortunately, despite providing more than $100 billion in financial aid and college preparatory assistance, state and federal policy makers have been unable to achieve the goal of equalizing college choice for students from low- and moderate-income families. Throughout the 1990s, these undergraduates became even more likely to enroll at community colleges and lower-cost four-year public institutions than their peers from higher-income families. These trends suggest that policy makers have been successful in using financial aid and other policies to improve college access for low-income students, but have been unsuccessful in achieving true equality in college choice. Why have financial aid and academic enrichment programs fallen short of their goal of achieving equal educational opportunity? What options are available to campus officials and state and federal policy makers who want to reverse these trends? This study reviews some of the key reasons increases in grants and other support for low-income students have failed to equalize college choice between low- and higher-income undergraduates, and proposes some solutions for closing the college choice gap.
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
Identifiers - Laws, Policies, & Programs: Pell Grant Program