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A Typology of Institutional Loan Replacement Grant Initiatives for Low- and Moderate-Income Students
Peer reviewed
Direct linkLips, Adam Joseph Argaylis – Review of Higher Education, 2011
In recent years, growing numbers of four-year institutions have implemented a new type of need-based financial aid policy directed toward low- and middle-income students. These initiatives--referred to here as Loan Replacement Grant (LRG) programs--greatly reduce or eliminate loans in student aid awards and replace them with grants. This paper…
Descriptors: Income, Classification, Student Financial Aid, Grants
