Ongoing Study Shows Targeted College Aid Boosts Student Enrollment and Reduces Debt

NASFAA; October 8, 2020

Targeted finan­cial aid geared for aca­d­e­m­i­cal­ly engaged stu­dents with finan­cial need result­ed in high­er rates of col­lege com­ple­tion and a reduc­tion in fed­er­al loans, accord­ing to an ongo­ing research study.

The study, con­duct­ed by Joshua Angrist and David Autor of the Massachusetts Institute of Technology (MIT) and Amanda Pallais of Harvard University, has been track­ing Nebraska high school grad­u­ates who attend the state’s pub­lic col­leges and uni­ver­si­ties and were eli­gi­ble for a state-based mer­it schol­ar­ship.