Academic Journal
Financial Aid Uncertainty and Low-Income Students' Higher Education Preferences
| العنوان: | Financial Aid Uncertainty and Low-Income Students' Higher Education Preferences |
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| اللغة: | English |
| المؤلفون: | Gloria L. Bernal (ORCID |
| المصدر: | Higher Education: The International Journal of Higher Education Research. 2024 87(6):1845-1863. |
| الاتاحة: | Springer. Available from: Springer Nature. One New York Plaza, Suite 4600, New York, NY 10004. Tel: 800-777-4643; Tel: 212-460-1500; Fax: 212-460-1700; e-mail: customerservice@springernature.com; Web site: https://link.springer.com/ |
| Peer Reviewed: | Y |
| Page Count: | 19 |
| تاريخ النشر: | 2024 |
| نوع الوثيقة: | Journal Articles Reports - Research |
| Education Level: | Higher Education Postsecondary Education High Schools Secondary Education |
| Descriptors: | Low Income Students, Higher Education, Student Attitudes, Preferences, Student Financial Aid, Foreign Countries, Merit Scholarships, High School Students, Educational Finance, Paying for College, Scholarships |
| مصطلحات جغرافية: | Colombia |
| DOI: | 10.1007/s10734-023-01094-w |
| تدمد: | 0018-1560 1573-174X |
| مستخلص: | Low-income students' preferences for higher education might depend on the uncertainty of financial aid. Using a time discontinuity design, this paper exploits the unanticipated cancellation of a nationwide Colombian merit and need-based scholarship, called "Ser Pilo Paga," to study its consequences on students' preferences for higher education. Preferences are measured using a discrete choice experiment administrated to 949 low-income high school students in 2018. The findings reveal that the scholarship's cancellation reduced higher education ambitions among low-income students due to the decreased interest in both financial aid and high-quality universities. The effects were particularly concentrated on income-eligible individuals who were more likely to obtain the scholarship, as their choices for financial aid and high-quality institutions declined by 15 to 50% of the baseline preference. |
| Abstractor: | As Provided |
| Entry Date: | 2024 |
| رقم الانضمام: | EJ1422423 |
| قاعدة البيانات: | ERIC |
| تدمد: | 0018-1560 1573-174X |
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| DOI: | 10.1007/s10734-023-01094-w |