Arbeitspapier
Multifaceted Aid for Low-Income Students and College Outcomes: Evidence from North Carolina
Launched in 2004, the Carolina Covenant combines grant-heavy financial aid with an array of non-financial supports for low-income students at an elite public university. We find that the program increased four-year graduation rates by about 8 percentage points for eligible students in the cohorts who experienced the fully developed program. For these cohorts, we also find suggestive effects on persistence to the fourth year of college, cumulative earned credits, and academic performance. We conclude that aid programs targeting low-income, high-ability students are most successful when they couple grant aid with strong non-financial supports.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 9888
- Classification
-
Wirtschaft
Analysis of Education
Educational Finance; Financial Aid
Higher Education; Research Institutions
Education and Inequality
- Subject
-
postsecondary completion
financial aid
- Event
-
Geistige Schöpfung
- (who)
-
Clotfelter, Charles T.
Hemelt, Steven W.
Ladd, Helen F.
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2016
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Clotfelter, Charles T.
- Hemelt, Steven W.
- Ladd, Helen F.
- Institute for the Study of Labor (IZA)
Time of origin
- 2016
Other Objects (12)
Corporate social responsibility, multi-faceted job-products, and employee outcomes
Corporate social responsibility, multi-faceted job-products, and employee outcomes
Changing approaches to public expenditure management in low-income aid dependent countries
Multifaceted uncertainty quantification
Monitoring and evaluation reform under changing aid modalities: Seeking the middle ground in aid-dependent low-income countries
Deterring emigration with foreign aid: An overview of evidence from low-income countries
Shifting financial flows to low-income countries: From official aid to private finance
Testing a Social Innovation in Financial Aid for Low-Income Students: Experimental Evidence from Italy
Bioenergy - the multifaceted renewable energy
Financial aid, debt management, and socioeconomic outcomes: Post-college effects of merit-based aid
Examining the catalytic effect of aid on domestic resource mobilization for social transfers in low-income countries
A Multifaceted Enrichment of Oesophageal Speech
Corporate social responsibility, multi-faceted job-products, and employee outcomes
Corporate social responsibility, multi-faceted job-products, and employee outcomes
Changing approaches to public expenditure management in low-income aid dependent countries
Multifaceted uncertainty quantification
Monitoring and evaluation reform under changing aid modalities: Seeking the middle ground in aid-dependent low-income countries
Deterring emigration with foreign aid: An overview of evidence from low-income countries
Shifting financial flows to low-income countries: From official aid to private finance
Testing a Social Innovation in Financial Aid for Low-Income Students: Experimental Evidence from Italy
Bioenergy - the multifaceted renewable energy
Financial aid, debt management, and socioeconomic outcomes: Post-college effects of merit-based aid
Examining the catalytic effect of aid on domestic resource mobilization for social transfers in low-income countries
A Multifaceted Enrichment of Oesophageal Speech
Corporate social responsibility, multi-faceted job-products, and employee outcomes
Corporate social responsibility, multi-faceted job-products, and employee outcomes
Changing approaches to public expenditure management in low-income aid dependent countries
Multifaceted uncertainty quantification
Monitoring and evaluation reform under changing aid modalities: Seeking the middle ground in aid-dependent low-income countries
Deterring emigration with foreign aid: An overview of evidence from low-income countries
Shifting financial flows to low-income countries: From official aid to private finance
Testing a Social Innovation in Financial Aid for Low-Income Students: Experimental Evidence from Italy
Bioenergy - the multifaceted renewable energy
Financial aid, debt management, and socioeconomic outcomes: Post-college effects of merit-based aid
Examining the catalytic effect of aid on domestic resource mobilization for social transfers in low-income countries