Financial Aid Packages and College Enrollment Decisions: An Econometric Case Study
研究某大学1998年将低收入学生贷款转为助学金后，入学率变化约3个百分点（不显著），但少数族裔低收入学生入学率提升8-10个百分点（显著）。
We study the effects of a change in financial aid policy introduced by an anonymous university in 1998. Prior to that time, the university's financial aid packages for low-income students consisted of grants, loans, and campus jobs. After the change, the entire loan portion of the package for low-income students was replaced with grants. We find the program increased the likelihood of matriculation by low-income students by approximately 3 percentage points, although the effect is not statistically significant. The effect among low-income minority students was between 8 and 10 percentage points and statistically significant at the 10% level. © 2006 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.