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1.
MEASURING THE IMPACT OF INCOME AND FINANCIAL AID OFFERS ON COLLEGE ENROLLMENT DECISIONS 总被引：3，自引：1，他引：2
This study analyzes the impact of demographic,socioeconomic, and financial factors on the enrollmentbehavior of accepted college applicants. The receipt offinancial aid had a positive impact on the enrollment decisions of accepted applicants. For every$1,000 increase in the amount of aid offered, theprobability of enrollment increased between 1.1% and2.5%. Grants and loans had the expected positive impact on enrollment, but work study did not enticeprospective students unless it was packaged with somegrant or loan assistance. Upper-income applicants wereless likely to enroll at this institution regardless of financial aid incentives. 相似文献
2.
This paper examines the factors influencing theyield — the proportion of accepted applicants that confirm their intention to attend — in the admissions process for the MBA program of the school of management at a large metropolitan university. A stochastic model of a student's MBA program choice decision is presented. Using the resulting logistic probability model, the authors examine the impact of student traits (both aptitude-related and non-aptitude-related) and program characteristics, known to admissions officials, on the probability of confirmation. The results of the analysis provide a basis for measuring the dimensions of the market for educational services this MBA program provides, suggest a strategic response to this market, and offer a way to measure the profitability of various strategic response options. In particular, the results demonstrate that financial aid awards can increase dramatically the probability of confirmation and that confirmation probabilities are affected significantly by non-aptitude-related student characteristics. 相似文献
3.
The relationship between key state policy variables — (1) relative (private–public) tuition prices, (2) state student-aid funding, and (3) public institution density — and the competitive position of private colleges and universities is examined. Elite private schools are found to be nearly impervious to state policy. Large and moderately selective private institutions are adversely affected by public institution density and low public prices. Such prices divert students who would otherwise prefer these private institutions to similar public schools. State student aid funding most affects the enrollment market shares of the small, low-selectivity private colleges enrolling the greatest proportions of minority and modest-income students. The findings suggest state policies in this era of strong demand for higher education and constrained public sector capacity should use price signals (student aid and public institution pricing) to encourage students to consider seriously whether private higher education might serve their needs as well as or better than public institutions. 相似文献
4.
Price response in enrollment decisions: An analysis of the High School and Beyond Sophomore cohort 总被引：1，自引：6，他引：1
Edward P. St. John 《Research in higher education》1990,31(2):161-176
Most research on student price response was conducted on students who entered college before the Pell Grant program was implemented in fall 1973. This study uses the High School and Beyond Sophomore cohort, the High School Class of 1982, to analyze the effects of the amount of tuition charged and aid offered on student enrollment decisions. The findings include (1) all forms of financial aid—grants, work, and loans—were effective in promoting enrollment; (2) one hundred dollars of aid (any type) had a stronger influence on enrollment than a one-hundred-dollar reduction in tuition; (3) low-income students were more responsive to increases in grant aid than to increases in loans or work study; and (4) high-income students were not responsive to changes in aid amounts. 相似文献
5.
Amanda L. Griffith 《Economics of Education Review》2011,30(5):1022-1033
The increasing use by private colleges and universities of financial aid based on “merit”, as opposed to based solely on financial need has caused many to raise concerns that this type of aid will go mainly to higher income students crowding out aid to lower income students. However, some analysts suggest that by attracting more “almost full-paying” students through the use of merit aid, institutions will have more financial resources that they can use to increase their financial aid to low-income students and thus their enrollment. Results using data from the College Board's Annual Survey of Colleges and other secondary data sources suggest that the increased use of merit aid is associated with a decrease in enrollment of low-income and minority students, particularly at more selective institutions. Middle and bottom tier colleges may be offsetting costs with tuition increases, as the introduction of merit aid is accompanied by an increase in net costs. 相似文献
6.
The effects of student financial aid on access to higher education: An analysis of progress with special consideration of minority enrollment 总被引：1，自引：4，他引：1
An objective of the federal student financial aid programs is to promote access to higher education, especially for students from disadvantaged backgrounds. During the past few years, concern has been expressed by diverse segments of the higher education community that this objective is not being met for black and Hispanic students. This article analyzes the effects of aid offers on enrollment decisions by college applicants from the classes of 1972, 1980, and 1982, and analyzes the effects the type of aid offered had on enrollment by minority students in the classes of 1980 and 1982. The principal findings from this analysis are that (1) all types of aid packages had a positive impact on enroliment decisions by college applicants in all three classes, and (2) all types of aid had a positive influence on enrollment by minority students. 相似文献
7.
This paper examines the effect of policies that increase tuition at public four-year colleges while returning a substantial portion of the revenue to economically disadvantaged students in the form of increased financial aid awards. Such “redistributive fee increases” are demonstrated to have potentially important effects on the distribution of students choosing to attend in-state public four-year colleges. Specifically, if in-state public four-year net attendance costs increase by themselves high-test students are far more likely than low-test students to choose alternative paths while if the net attendance costs of alternative paths also increase Black and Hispanic students are most likely to choose alternative paths. 相似文献
8.
Colleges’ early decision (ED) admission policies require accepted students to commit to attend the school without comparing outside options. With data from two liberal arts schools we find evidence that students with higher willingness and ability to pay and lower measured ability levels are more likely to apply ED. Applying ED raises the probability of acceptance by 40 percentage points. We address the potential selection of students into ED, including estimating an upper bound of 46 percentage points following Altonji, Elder, and Taber (2005). One college appears to use the ED process to screen applicants with high SAT scores and female applicants, thereby avoiding the potential adverse selection of applicants in the regular decision process. Finally, even conditional on higher socioeconomic status and other observable characteristics, applying ED is correlated with higher financial aid packages, perhaps because the college's financial aid resources are higher earlier in the admission process. 相似文献
9.
Merit-based financial aid awards have become increasingly prevalent in the pricing policies of higher education institutions. This study utilizes an experiment to estimate the efficacy of merit-aid awards in achieving the institutional objective of attracting the most academically desirable applicants. I find that merit aid has a statistically significant but inelastic effect on enrollment of extremely high ability students. Additionally, the setting of this paper allows for a test of whether students respond to the framing of price in making enrollment decisions (i.e. price illusion), holding net price constant. There is weak evidence in support of price illusion among this set of students. 相似文献
10.
In increasing numbers, public and particularly private colleges and universities are facing financing crunches associated with declining enrollments, cuts in federal aid programs, reduced grant pools, etc. These financing challenges are evident not only in terms of capital investment needs but also short-term operating demands. However, universities and colleges do have vehicles available to them to deal with both short-term and long-term needs—in the debt markets. Variable rate demand bonds and tax-exempt variable rate demand bonds are currently being marketed for just such purposes. In addition, the future appears bright for a currently unavailable instrument—real rate bonds which could further reduce the financing expenses for schools. The characteristics, advantages, and disadvantages of each are discussed along with some examples of their superiority to alternative financing. 相似文献
11.
Students admitted to more than one institution of higher education face one of the most difficult decisions of their lives. The determinants of these enrollment decisions are crucially important to the yield of qualified students from the number admitted to colleges and universities. This paper specifies an empirical model of the enrollment decision for students admitted both to Rutgers University and to at least one alternate college. Our estimates of the parameters of the model with a binary choice multiple regression equation show that students base their enrollment decision on the relative quality of the schools, their own abilities and family resources, and the net costs of the schools. The results are relevant to university tuition and financial aid policies. The general methodology is replicable by other institutions seeking information on the determinants of the enrollment decision. 相似文献
12.
13.
In making admission decisions, selective colleges make choices that allow them to improve the quality of the college. Desired student attributes include leadership, noteworthy achievements and talents, and cultural and geographical diversity, as well as high academic performance. Since few applicants dominate in all these attributes, a delicate balancing act must be forged.In this study we construct probability models for college admissions and student enrollment. We have chosen a selective liberal arts college as a case study over a four-year period. In the first stage we estimate the probability of acceptance to the college for individual applicants. The logit model includes a number of academic factors as well as nonacademic components. In the second stage we estimate the probability of enrollment for an accepted student.The first stage results show that the actual outcome of the admissions decision does match the broader institutional goals of the college. However, in the second stage, the discrepancy between the acceptance and enrollment decisions frustrates the efforts of the institution to achieve its diversity goals and highlights the difficulty that admission officers have in targeting their efforts toward special groups of applicants. 相似文献
14.
Xu Jingwu doctoral candidate at the College of Education Huazhong University of Science Technology associate professor of Zhongnan University of Economics Law 《教育研究》2008,(1)
美国四年制公立院校办学成本的递增折射出高校办学成本递增的一般特点,表现为办学成本的增长快于一般物价水平的增长,办学总成本的增幅快于生均教育成本的增幅,学生资助增幅快于教学费用增幅以及不同层次院校成本递增具有一定的差异性等方面。驱动办学成本递增的因素有入学规模、学术竞争、组织效率、教育产业属性、学生资助等。我国应加大高等教育投入、促进院校之间的适度办学竞争、加强学校成本管理、创新产权制度、完善学费和资助政策,以提高我国高等教育的质量和效率。 相似文献
15.
Jiyun Kim 《Research in higher education》2012,53(2):123-151
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. 相似文献
16.
Because of the radical reorientation of financial aid policies in the eighties, loan indebtness and the amount of federal subsidy of loans have increased dramatically. Paralleling these developments has been the growth of the proprietary sector of postsecondary education and the use of federal-supported financial aid by this sector's students. This article examines the impact of current financial aid policies on different sectors. Evidence appears clear that new policy is required to serve equity and human and social capital development. The success of the proprietary sector in growing its market share at the expense of other sectors—in particular, community colleges—provides some useful lessons about aggressive recruiting. 相似文献
17.
RECENT RESEARCH ON THE ECONOMICS OF ATTENDING COLLEGE: Returns on Investment and Responsiveness to Price 总被引：1，自引：1，他引：0
This article examines recent research on the private returns to investment in baccalaureate and sub-baccalaureate postsecondary education, the social returns to investment in higher education, and student responsiveness to prices and subsidies (e.g., tuition and financial aid). The analysis focuses on the implications of recent research on the economics of attending college for policy and practice in a variety of specific areas such as enrollment management; the role of community colleges and other sub-baccalaureate institutions relative to welfare-to-work programs, tuition taxcredit legislation, and the value of investing in credits even without credentials; the development of effective high-tuition, high-aid, and other state and institutional pricing strategies; and the inequities in the distribution of access and choice in higher education that is evident in the widening gaps in participation rates of white and minority youth and higher- and lower-income students, as well as in the growing concentration of lower-income students at-and the flight of middle- and upper-income students from-community colleges. 相似文献
18.
《Journal of Marketing for HIGHER EDUCATION》2013,23(1):37-46
Colleges and universities nationwide are facing declining enrollment resulting in declining revenue. Fewer 18-24 year olds, rising college costs and decreasing financial aid are causing admissions officers to become more agressive in their recruitment process. Well-targeted direct marketing campaigns personally designed to meet individual students' needs will allow college admissions personnel to effectively communciate with prospective students and parents. Utilizing the services of a service bureau provides colleges and universities a means to gain expertise in direct marketing areas and keep the costs under control at the same time. 相似文献
19.
This study investigates how the expectations of different types of financial aid affect the student college choice process
from application through enrollment. We find that students from different race and income groups respond differentially to
aid packages in their application and enrollment decisions depending on their levels of aid expectations. In application behavior,
Asians at all income levels increase their likelihood of application at a greater rate in response to an increase in their
aid expectations than other racial groups. Simulations indicate that enrollment probabilities decline more for African American
and Hispanic students than whites and Asians when they expect to receive financial aid but do not. The findings suggest the
particular importance of financial aid packages in the college choice process for underrepresented minority students. 相似文献
20.
This literature review examines the ways in which college and university outreach programs impact Latino (and other minorities) high school students. This article demonstrates that the outreach programs outlined do aid in closing the gap of college enrollment for Latinos. However, a review of three representative programs—AVID, the University of California's Early Academic Outreach Program, and Upward Bound—reveals that the Latino students who exhibit the most need are summarily excluded from participating in the programs, thus leaving them on the margins of the educational system. One of the conclusions of this study is that the problem lies with the political nature of the programs, which causes them to have stringent eligibility criteria. 相似文献