Cabrera, A. F., Nora, A., & Castaneda, M. B. (1992). The role of finances in the persistence process: A structural model. Research in higher education, 33(5), 571-593.

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 […]

Chaney, B., Muraskin, L. D., Cahalan, M. W., & Goodwin, D. (1998). Helping the progress of disadvantaged students in higher education: The federal student support services program. Educational Evaluation and Policy Analysis, 20(3), 197-215.

Student Support Services (SSS) is one of the largest federal TRIO programs designed to help disadvantaged students stay in and complete college. Through a longitudinal study of participants and comparable non participants, we examined the impact of SSS on retention. Data were collected through student questionnaires, institutional and program data, and students’ postsecondary transcripts. We […]

Kim, D. (2004). The effect of financial aid on students’ college choice: Differences by racial groups. Research in Higher Education, 45(1), 43-70.

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 […]

McDonough, P. M., & Calderone, S. (2006). The meaning of money: Perceptual differences between college counselors and low-income families about college costs and financial aid. American Behavioral Scientist, 49(12), 1703-1718.

A sociocultural understanding of affordability is essential to understanding the college cost deliberations of low-income African American and Latino students and their families. Habitus shapes and informs college affordability decisions for students and their families. Using interviews with 63 college counselors in urban secondary schools, low-income underrepresented students’ assessments of affordability were framed by a […]

Dowd, A. C. (2008). Dynamic interactions and intersubjectivity: Challenges to causal modeling in studies of college student debt. Review of Educational Research, 78(2), 232-259.

Loans are a central component of college finance, yet research has generated a dearth of strong evidence of their effect on student choices. This article examines challenges to causal modeling regarding the effects of borrowing and the prospects of indebtedness on students’ college-going behaviors. Statistical estimates of causal effects are confounded by dynamic interactions between […]

Olivas, M. A. (2009). Undocumented college students, taxation, and financial aid: A technical note. The Review of Higher Education, 32(3), 407-416.

A surprising amount of litigation and legislation has erupted over undocumented college students. Victims at the federal level are the DREAM Act and immigration reform. Financial aid raises technical issues for undocumented college applicants and for the citizen children of undocumented parents. Generally, the undocumented are ineligible for federal financial aid and nearly always for […]

Gross, J. P. (2011). Promoting or perturbing success: The effects of aid on timing to Latino students’ first departure from college. Journal of Hispanic Higher Education, 10(4), 317-330.

Using event history modeling, this study explored to what extent loans, grants, institutional aid, and work-study affect timing to first departure for Latino college students. The goal is to understand more about how aid promotes or perturbs success for Latino students as well as how those effects vary over time. Federal grants and targeted loans […]

Melguizo, T., & Chung, A. (2012). College aid policy and competition for diversity. The Review of Higher Education, 35(3), 403-430.

The main objective of this study is to identify differences in the freshman financial aid packages of low-income, high-achieving minority students in public and private institutions. Our results suggest that private and selective institutions can offer better financial aid packages that enable them to recruit higher numbers of low-income, high-achieving minorities. We found that, as […]

Boatman, A., & Long, B. T. (2016). Does Financial Aid Impact College Student Engagement?. Research in Higher Education, 57(6), 653-681.

While increasing numbers of students have gained access to higher education during the last several decades, postsecondary persistence and academic success remain serious concerns with only about half of college entrants completing degrees. Given concerns about affordability and resources, policymakers and administrators wonder how financial aid impacts student outcomes, particularly among low-income students. We investigate […]