Price response in persistence decisions: An analysis of the high school and beyond senior cohort

It is well established in the research literature that student financial aid has a positive influence on year-to-year persistence. However, there has been no prior research on price responsiveness in persistence decisions. This article examines the influence of the amounts of student financial aid received and tuition charged on year-to-year persistence by college students in the high school class of 1980. The principal finding is that the persistence decisions of college students in the early 1980s were more responsive to increases in student aid than to tuition increases. This finding suggests that persistence rates can be improved if institutions increase need-based aid for currently enrolled students when tuition is increased each year, or if government student aid increases over the levels provided in the 1980s.Presented at the Seventh Annual NASSGP/NCHELP Research Conference, Washington, D.C., May 16, 1990.     

The role of finances in the persistence process: A structural model

The study empirically examined the role of finances on college persistence by presenting a causal model that relied on several theoretical frameworks. A quantitative model was tested via linear structural equations for categorical data that incorporated constructs from the financial aid literature as well as the persistence literature. The research design was longitudinal in nature and analyses were conducted on a sample of 466 college students who were attending a large public urban commuter institution in the spring of 1989. In sum, results appear to suggest that financial aid, and its concomitant attitude, is important not only because it equalizes opportunities between affluent and low-income students, but also because it facilitates the integration of the student into the academic and social components of the institution as well as by influencing his or her commitment to stay in college.     

The association between financial aid availability and the college dropout rates in Colombia

The main objective of this study is to estimate the association between financial aid and college dropout rates of postsecondary students in Colombia. We use a unique dataset from the Colombian Ministry of Education that includes all enrolled college students in the country between 1998 and 2008. Logistic regression is used to identify the correlation between receiving different forms of financial aid on the dropout rates of the students. The main results of the study suggest that the probability of dropping out decrease between 25 and 29% according to the type of financial aid received. There is also evidence that the financial aid is more effective in reducing dropout rates at the beginning of the student’s college careers. This result holds after controlling by type of postsecondary institution attended. These findings suggest that financial aid is an effective tool to reduce dropout rates, and therefore increase persistence and expand access in Colombia.     

Motivational Factors Underlying College Students' Decisions to Resume Their Educational Pursuits in the Aftermath of Hurricane Katrina

This study explored college student persistence at a historically Black university affected by Hurricane Katrina. Predictor variables including sex, residence status, Pell Grant status, campus housing status, college grade point average, attendance before Hurricane Katrina, and attendance at the university by parents or another close relative were used to predict educational aspirations, campus environment, and financial aid eligibility status as the reasons college students continued their education after Hurricane Katrina.     

The effects of student aid on recent college graduates

Using college graduates from the National Longitudinal Study of the High School Class of 1972 (N=3,136), this study reviews the relationships between student financial aid received during college and the types of activities pursued by students after graduating. Four areas of graduates' lives were examined: attending graduate school, choosing a job, forming a family, and forming personal values. Three types of student aid were included: loans, grants, and work, with emphasis on loans. Despite the expectation of a negative impact of loans, the results showed no support for this, and in general, the findings suggested that college graduates who received aid as undergraduates were little different from other graduates. The major implication is that the self-help forms of aid (loans and work) are not detrimental to the future plans of recipients.This paper was presented at the Annual Meeting of the Association for the Study of Higher Education, Washington, D.C., April 1979.     

Exploring the Relationship between State Financial Aid Policy and Postsecondary Enrollment Choices: A Focus on Income and Race Differences

This study explores the relationship between state financial aid policies and postsecondary enrollment for high school graduates (or equivalent diploma holders). Utilizing an event history modeling for a nationally representative sample from the National Education Longitudinal Study (NELS:88/2000) in addition to state-level policy variables, this study examined how state aid policies differentially affect students’ postsecondary enrollment choices depending on their family income and race/ethnicity between the years 1992 through 2000. The findings demonstrate that there is a clear and consistent gap in college enrollment for students who are from different income and race/ethnic groups, and that changes in state financial aid policy are significantly related with the type of institutions a student attends across income and racial groups. The study findings have important implications for state aid policy as well as future research on the role of public financial aid policy in college choice of students from different income and racial/ethnic backgrounds.     

Measuring Determinants of Student Return VS. Dropout/Stopout VS. Transfer: A First-to-Second Year Analysis of New Freshmen

To reflect academic challenges and enrollment patterns of today’s freshmen, this study measures the impact of high school preparation, first-year academic performance, multi-institution enrollment, and financial aid support on second-year persistence. Using multi-year cohorts at a public research university, results confirm the importance of including first-year math experience, math intensity of the declared major, simultaneous enrollment at another college/university, and second-year financial aid offers when measuring freshmen retention. The positive impact of a large-scale, state-funded scholarship program in widening access to college must be balanced against findings that show academic performance and readiness to take on and pass first-year math to be more important than aid in explaining freshmen dropout and transfer-out during both first and second semesters. Middle-income students with greater levels of unmet need face an elevated departure risk, while academically well-prepared freshmen with unmet need are more likely to transfer to other institutions.     

Factors influencing the college choice decisions of graduate students

This paper examines the relative influence of factors affecting the college choice decisions of graduate students. It is based on a 1986 survey of 2,834 admitted students at a major research university, to which 38 percent of the sample responded. Factor analysis of ratings of importance of 31 college characteristics yielded dimensions upon which student decisions are based. These results were used to build five scales of importance and preference, which were then tested with other variables in a regression model in which the dependent variable was the decision to enroll or not to enroll at the surveying institution. The following were found to influence decisions: residency status, quality and other academic environment characteristics, work-related concerns, spouse considerations, financial aid, and the campus social environment.A paper presented at the Annual Forum of the Association for Institutional Research, New Orleans, May 29–June 1, 1994.     

Financial aid and student persistence in online education in the United States

Distance education has historically had lower completion rates. Several models of persistence, for on-campus students, indicate that students’ financial status affects their decision to persist. This study involved providing distance education students’ financial aid in the form of institutional scholarships (N = 545) at Penn State University in the United States. The recipients were students who were not overachievers and not at-risk of failing, but somewhere in the middle. The purpose of the study was to test if receiving financial aid was related to students’ persistence. Using logistic regression and Chi-square analysis, this study found that scholarship-receiving students with higher financial need were two times more likely to persist in their studies than those with lower financial need. Results suggest that there is a positive relationship between providing even small financial aid to students with high-financial need and their persistence in their studies.     

WITHIN-YEAR PERSISTENCE OF STUDENTS AT TWO-YEAR COLLEGES

Two previous studies have used the National Postsecondary Student Aid Survey ( NPSAS ) to examine the persistence of two-year college students. We used NPSAS:96 and found that tuition had a small negative effect on within-year persistence. Debtload was significant and negatively associated with persistence at low and middle levels of debt, but significant and positively associated with persistence at high levels of debt. We explored the implications of these findings and compared our research to the previous studies. This study used NPSAS:96 to research the persistence of two-year college students. We found that, while background and college experience variables influenced persistence, students were 0.18% less likely to persist for each $100increase intuition, more likely to persist if they received subsidies, and 15.96% more likely to persist for every $1,000 in student loan debt outstanding.     

Increasing Access to Higher Education Among Low-Income Students: The Washington State Achievers Program

The purpose of this study was to assess how a comprehensive precollege intervention and developmental program among low-income high school students contributed to college enrollment outcomes measured in 2006. Our focus was on the Fifth Cohort of the Washington State Achievers (WSA) Program, which provides financial, academic, and college preparation support to 500 high school students who come from the lowest 35% of Washington state income levels. One important feature of the WSA Program is that it provided funding for complete high school curriculum reform among 16 Washington high schools that have a high prevalence of low-income students. The data set contained three groups of students from these 16 high schools: Funded Achievers who were part of the WSA Program and received funding for college; Nonfunded Achievers who were part of the WSA Program and but did not receive funding for college; and Nonrecipients who were neither part of the WSA Program nor received funding for college. Results from generalized multinomial logistic models found two trends (a) early and continuous financial support for college along with being active in the WSA Program nearly guarantees enrollment in college and increases enrollment in 4-year and highly selective colleges; and (b) even in the absence of financial support for college there are still quantifiable and positive effects on college-going for just participating in the WSA Program and receiving its abundant nonfinancial resources and support. These results persist even with strong controls for selection, background, academic, financial, aspiration, and school-level variables.     

Understanding Persistence of At-Risk Students in Higher Education Enrollment Management Using Multiple Linear Regression and Network Analysis

Abstract

This article presents research on persistence among at-risk students using network analysis following multiple linear regression (MLR). Data on a population of enrolled undergraduate students at an urban-serving university over several years (P?=?35,239) is tested using multiple linear regression. Variables interacting at different dimensions of the model are analyzed using IBM SPSS Neural Networks (2017) and Cytoscape (2018) to show network linkages. While variables may not be significant in MLR models where anomalies are ruled out, network analysis takes these anomalies into account and reveals complex layers of interactions between and among variables. Findings show that loans of any kind contribute to attrition while financial aid of any kind contributes to persistence and offsets attrition from loans.     

The Effects of Financial Aid on College Success of Two-Year Beginning Nontraditional Students

This study aims to understand the role of financial aid in college success of two-year beginning nontraditional students. By applying discrete time event history models with propensity score covariate adjustment to a nationally representative sample from BPS: 04/09, this study answers research questions centering around the effects of Pell Grants, subsidized student loans and unsubsidized student loans on six-year college outcomes of nontraditional students (i.e. degree attainment, system departure, and continuous enrollment without a degree). The results of this study suggest that these nontraditional students were most likely to drop out in the third college year and that all three types of financial aid appeared effective for reducing dropout risks, but not for encouraging timely degree completion. These findings have significant implications for policy and practice including the necessity for considering the complexity of nontraditional student pathways, backgrounds and unique needs when designing and implementing financial aid policy. The findings also contribute to discussions on ways to fund nontraditional students and provide recommendations for institutions serving large populations of nontraditional students to promote persistence to graduation.     

CORRELATES OF RETENTION AMONG ASIAN PACIFIC AMERICANS IN COMMUNITY COLLEGES: THE CASE FOR HAWAIIAN STUDENTS

This study examined Hawaiian students' persistence at the four community colleges on the island of Oahu, Hawaii. The research covered a five-year period (10 semesters), fall 1991 - spring 1996, and focused on factors promoting persistence for students pursuing either liberal arts or vocational-technical degrees. Logistic regression was the statistical method used, and the analyses were performed separately for the two groups of students. The results indicated that four factors - cumulative grade point average,financial aid, average credit hours, and enrollment at Campus 4 - were significant for both liberal arts and vocational-technical majors,whereas another two variables - reverse transfer and attending an urban high school - were significant for liberal arts students only. Recommendations for policies, programs, and strategies to promote persistence for Hawaiian students were based on those results.     

我国民办高校学生资助力度的实证分析——以C大学为例

本研究对2007年我国民办高校大学生资助进行了实证研究。结果表明,我国民办高校大学生资助主体为政府,整体资助情况较好,但是助学金的资助力度太小,这与民办高校自身的资助力度不够有关。为此,有必要加强民办高校自身和社会的资助力度。     

Counseling on Campus: Client Persistence and Progress

Two related studies addressed college students' persistence and progress in psychotherapy. In Study 1, using emotional health variables assessed at intake, students who persisted in counseling and demonstrated clinical improvement were compared with those who either did not return for their first session or who did return but stopped before improvement. Findings showed that those counseling completers, compared with the other two groups, reported at intake significantly higher levels of confidence that therapy will help, degree of well-being, and levels of life functioning. Study 2, focusing on students who received at least eight counseling sessions, found improvement on variables reflecting distress and life functioning, with students who rated themselves highly distressed at intake reporting the most benefit. The findings suggest approaches to improve realistic expectations for and engagement in counseling.     

The Effect of Financial Aid on Students' College Choice: Differences by Racial Groups

This study analyzed the impact of specific types of financial aid on students' college choice, with particular focus on racial differences. For overall student populations, the receipt of grants or a combination of grants with loans had a positive impact on attending first choice institutions. In contrast, having loans only had no significant impact. Going one step further, distinct patterns were found in the effects of financial aid on college choice by racial groups. White students were more likely to attend their first-choice institutions if they received grants or a combination of grants with loans. Asian American students were strongly influenced by having loans or a combination of grants with loans when they decided to attend their first choice of colleges. In contrast, college choices of Latino and African American students were not influenced by financial aid. Implications of the findings for financial aid policy are indicated and future research on the topics recommended.     

The nexus between college choice and persistence

Initial student commitments have long been considered an influence on persistence, but the reasons why students choose to attend a college have seldom been considered as dimensions of initial commitments that could influence persistence processes and outcomes. This study used NPSAS-87 to examine the influence of finance-related reasons for choosing a college on persistence decisions. The findings include (1) finance-related choices have direct and indirect influences on whether students persist in college; and (2) market-based, monetary measures of financial aid, tuition costs, housing costs, and other living costs have a substantial direct effect on persistence.     

Student finances and campus-based financial aid: A structural model analysis of the persistence of high need freshmen

Lisrel, a more versatile technique than traditional path analysis, was employed to account for 42% of the variance in the persistence of 343 new freshman financial aid recipients at a major urban university. Unlike recent persistence models, the specific model developed here highlights the impact of student finances—in particular, the amount of assistance from the programs of federal campus-based aid—on the persistence of freshmen with high financial need. The results indicate that financial need, student residency status, and noncampus-based loans and grants have direct effects on new freshman persistence regardless of the type or amount of campus-based aid awarded. The direct effect of each federal campus-based program on persistence was significant and positive. Implications for administrators and persistence researchers are discussed.Expanded version of a paper presented at the 24th Annual Forum of the Association for Institutional Research, Fort Worth, Tex., May 1984.     

Perceptions of Financial Aid: Black Students at a Predominantly White Institution

This study provides qualitative context for statistics concerning Black college students and financial aid. Using the financial nexus model as a framework, this research draws upon interviews with 29 Black juniors and seniors at a selective, -private, and predominantly White university. The data suggest that students -generally exhibited high levels of financial aid knowledge, and that financial aid -office savvy is necessary to successfully navigate the financial aid process at the school.