The Effect of Financial Aid Policies on Admission and Enrollment

The Effect of Financial Aid Policies on Admission and Enrollment PDF Author: James J. Scannell
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 88

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Book Description
This study looks at the evolution of the financial aid process as a function of higher education administration and its impact on the recruitment and retention of college students. It illustrates the effects on enrollment of differing financial aid strategies and recommends possible directions for meeting the challenges of the 21st century. Discussions focus on the following topics: (1) the institutional need for financial aid; (2) the relationship of aid and costs; (3) programs that work in reverse; and (4) targeting of financial aid to enrollment goals. The following financial aid packages are also examined: uniform self-help; self-help varied by ability to borrow; self-help varied by desirability; self-help varied by ability to borrow and desirability; admit/deny; aid-conscious admission; merit awards; renewals; equity packaging; and differential and preferential packaging. Contains 48 references. (GLR)

The Effect of Financial Aid Policies on Admission and Enrollment

The Effect of Financial Aid Policies on Admission and Enrollment PDF Author: James J. Scannell
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 88

Get Book

Book Description
This study looks at the evolution of the financial aid process as a function of higher education administration and its impact on the recruitment and retention of college students. It illustrates the effects on enrollment of differing financial aid strategies and recommends possible directions for meeting the challenges of the 21st century. Discussions focus on the following topics: (1) the institutional need for financial aid; (2) the relationship of aid and costs; (3) programs that work in reverse; and (4) targeting of financial aid to enrollment goals. The following financial aid packages are also examined: uniform self-help; self-help varied by ability to borrow; self-help varied by desirability; self-help varied by ability to borrow and desirability; admit/deny; aid-conscious admission; merit awards; renewals; equity packaging; and differential and preferential packaging. Contains 48 references. (GLR)

Crafting a Class

Crafting a Class PDF Author: Elizabeth A. Duffy
Publisher: Princeton University Press
ISBN: 1400864682
Category : Education
Languages : en
Pages : 321

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Book Description
Admissions and financial aid policies at liberal arts colleges have changed dramatically since 1955. Through the 1950s, most colleges in the United States enrolled fewer than 1000 students, nearly all of whom were white. Few colleges were truly selective in their admissions; they accepted most students who applied. In the 1960s, as the children of the baby boom reached college age and both federal and institutional financial aid programs expanded, many more students began to apply to college. For the first time, liberal arts colleges were faced with an abundance of applicants, which raised new questions. What criteria would they use to select students? How would they award financial aid? The answers to these questions were shaped by financial and educational considerations as well as by the struggles for civil rights and gender equality that swept across the nation. The colleges' answers also proved crucial to their futures, as the years since the mid-1970s have shown. When the influx of baby boom students slowed, colleges began to recruit aggressively in order to maintain their class sizes. In the past decade, financial aid has become another tool that colleges use to compete for the best students. By tracing the development of competitive admission and financial aid policies at a selected group of liberal arts colleges, Crafting a Class explores how institutional decisions reflect and respond to broad demographic, economic, political, and social forces. Elizabeth Duffy and Idana Goldberg closely studied sixteen liberal arts colleges in Massachusetts and Ohio. At each college, they not only collected empirical data on admissions, enrollment, and financial aid trends, but they also examined archival materials and interviewed current and former administrators. Duffy and Goldberg have produced an authoritative and highly readable account of some of the most important changes that have taken place in American higher education during the tumultuous decades since the mid-1950s. Crafting a Class will interest all readers who are concerned with the past and future directions of higher education in the United States. Originally published in 1997. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The Student Aid Game

The Student Aid Game PDF Author: Michael McPherson
Publisher: Princeton University Press
ISBN: 0691230919
Category : Education
Languages : en
Pages : 176

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Book Description
Student aid in higher education has recently become a hot-button issue. Parents trying to pay for their children's education, college administrators competing for students, and even President Bill Clinton, whose recently proposed tax breaks for college would change sharply the federal government's financial commitment to higher education, have staked a claim in its resolution. In The Student Aid Game, Michael McPherson and Morton Owen Schapiro explain how both colleges and governments are struggling to cope with a rapidly changing marketplace, and show how sound policies can help preserve the strengths and remedy some emerging weaknesses of American higher education. McPherson and Schapiro offer a detailed look at how undergraduate education is financed in the United States, highlighting differences across sectors and for students of differing family backgrounds. They review the implications of recent financing trends for access to and choice of undergraduate college and gauge the implications of these national trends for the future of college opportunity. The authors examine how student aid fits into college budgets, how aid and pricing decisions are shaped by government higher education policies, and how competition has radically reshaped the way colleges think about the strategic role of student aid. Of particular interest is the issue of merit aid. McPherson and Schapiro consider the attractions and pitfalls of merit aid from the viewpoint of students, institutions, and society. The Student Aid Game concludes with an examination of policy options for both government and individual institutions. McPherson and Schapiro argue that the federal government needs to keep its attention focused on providing access to college for needy students, while colleges themselves need to constrain their search for strategic advantage by sticking to aid and admission policies they are willing to articulate and defend publicly.

The Price of Admission

The Price of Admission PDF Author: Thomas J. Kane
Publisher: Brookings Institution Press
ISBN: 9780815720010
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
Over the past fifteen years, a college education has become increasingly valuable in the labor market. As a result, the stakes have been raised in the debate over college admissions and student financial aid. With the gap in college enrollment widening by family income, the time has come to examine the strengths and weaknesses of the American system for financing higher education and to rethink its structure from the ground up. This book begins with an overview of the many indirect ways in which Americans pay for college--as taxpayers, students, and parents--and describes the sometimes perverse ways in which state and federal financial aid policies interact. Thomas J. Kane evaluates alternative explanations for the rise in public and private college costs--weighing the role of federal financial aid policy, higher input costs, and competitive pressures on individual colleges. He analyzes how far we have come in ensuring access to all. Evidence suggests that large differences in college enrollment remain between high and low income students, even those with similar test scores and attending the same high schools. Kane promotes a package of reforms intended to squeeze more social bang from the many public bucks devoted to higher education. For example, he advocates "front-loading" the Pell grant program, limiting eligibility to those in their first two years of college, and providing a larger share of federal subsidies by assessing student resources after college rather than evaluating a single year of parents income and assets before college. Copublished with the Russell Sage Foundation

Getting Ready to Pay for College

Getting Ready to Pay for College PDF Author: Laura Horn
Publisher:
ISBN: 9780160515149
Category : College costs
Languages : en
Pages : 134

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Book Description


Strategies for Maximizing Your College Financial Aid

Strategies for Maximizing Your College Financial Aid PDF Author: Kalman Chany
Publisher: Princeton Review
ISBN: 0307944964
Category : Study Aids
Languages : en
Pages : 60

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Book Description
Figuring out how to pay for college can be daunting. Fortunately, Strategies for Maximizing Your College Financial Aid provides much-needed expert advice for understanding the financial aid process, managing student loans, and getting the most money for college. In this succinct guide, financial aid consultant Kal Chany and the experts at the Princeton Review present a concise but comprehensive overview of college financial aid. Inside, you’ll find guidance to demystify the aid process, and information that will help you: · debunk financial aid myths · figure out financial aid terminology · evaluate financial aid packages and awards · understand grants, scholarships, student loans, work-study, and other forms of aid · fill out the FAFSA (Free Application for Federal Student Aid), CSS/PROFILE, and other financial aid forms · choose a college with financial aid in mind · get started on saving for school

Keeping College Affordable

Keeping College Affordable PDF Author: Michael S. McPherson
Publisher: Brookings Institution Press
ISBN: 9780815716693
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
As Congress debates the reauthorization of the basic federal student aid legislation, and as governors and state legislators cope with increasingly severe budgetary problems of their own, the issues of preserving college opportunity and sharing the burden of college costs are particularly critical and timely. This book assesses the role of government subsidies for higher education—especially but not exclusively federal student aid—in keeping college affordable for Americans of all economic and social backgrounds. The authors examine the effects of student aid policies of the last twenty years. They address several vital questions, including: Has federal student aid encouraged the enrollment and broadened the educational choices of disadvantaged students? Has it made higher education institutions more secure and educationally more effective—or has it raised costs and prices as schools try to capture additional aid? Has federal student aid made the distribution of higher education's benefits, and the sharing of costs, fairer? And what are the likely trends in patterns of college affordability? Drawing on their analysis, the authors highlight some of the principal dimensions of policy choice on which the debate has focused, as well as some that have been relatively neglected. Building upon their conclusion that student aid works, they propose reforms that would bolster the role of income-tested aid in the overall student financing picture. McPherson and Schapiro recommend a number of incremental reforms that could improve the effectiveness of existing federal aid programs and present a proposal to replace a substantial fraction of state-operating subsidies to colleges and universities with expanded federal aid.

Diversity in American Higher Education

Diversity in American Higher Education PDF Author: Lisa M. Stulberg
Publisher: Routledge
ISBN: 1136865624
Category : Education
Languages : en
Pages : 301

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Book Description
Diversity has been a focus of higher education policy, law, and scholarship for decades, continually expanding to include not only race, ethnicity and gender, but also socioeconomic status, sexual and political orientation, and more. However, existing collections still tend to focus on a narrow definition of diversity in education, or in relation to singular topics like access to higher education, financial aid, and affirmative action. By contrast, Diversity in American Higher Education captures in one volume the wide range of critical issues that comprise the current discourse on diversity on the college campus in its broadest sense. This edited collection explores: legal perspectives on diversity and affirmative action higher education's relationship to the deeper roots of K-12 equity and access policy, politics, and practice's effects on students, faculty, and staff. Bringing together the leading experts on diversity in higher education scholarship, Diversity in American Higher Education redefines the agenda for diversity as we know it today.

Selective Admission and the Public Interest

Selective Admission and the Public Interest PDF Author: Michael S. McPherson
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 88

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Book Description
This study describes the American system of higher education's distributive mechanism in the practice of selective admission and considers possible changes in that system. Chapter One presents the work's overall approach, a three level analysis of the current system from the viewpoints of the individual student and the individual college as well as a conspectus of the system as a whole. Chapter Two describes some main features of the outcome of the existing admissions system in terms of the distribution of students across institutions. Chapters Three and Four analyze the consequences of higher education by enumerating and evaluating the various outputs of higher education in terms of what is "fair" and what is "efficient." Here, alternative descriptions of how the educational system actually operates are provided. Chapter Five follows up the earlier work on defining and measuring equity and efficiency by turning to trade-offs between the two. Chapter Six returns to the central issue: the person or institution's pursuit of individual goals may result in a collective situation in which achievement of those goals is frustrated. Chapter Seven looks at what all of this means for policy decision making and concludes that, although radical change in existing practices are neither feasible nor desirable, improvements in both equity and efficiency are possible if relatively small changes (such as institutional cooperation to limit competition-driven expenditures) are implemented. (56 references) (JB)

Aiding Students, Buying Students

Aiding Students, Buying Students PDF Author: Rupert Wilkinson
Publisher: Vanderbilt University Press
ISBN: 9780826515025
Category : Education
Languages : en
Pages : 374

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Book Description
Wilkinson traces the history of undergraduate financial aid at American colleges and universities; the origins, purposes, and impacts of merit- and need-based aid; the federal government's role; the evolution of elite private institutions; and the current climate and concerns. The concluding chapter lays out how these factors, combined with increasing costs of attending college, impact low-income minority students and how reforms on campuses and in Washington, DC, can better serve higher education and the more disadvantaged students.