Home > Educational Leadership, Higher Education > The Role of Financial Aid and Retention

The Role of Financial Aid and Retention

By Jim Scannell

Typically, when institutions conduct exit surveys for students who withdraw prior to completing a degree program, featured prominently are financial aid, cost, or affordability. They usually garner one of the top slots for reasons listed for withdrawal prior to graduation. But research shows there are a number of other drivers that influence re-enrollment trends.

First and foremost is level of academic success (e.g., term 1 GPA) followed by variables such as entry qualifications (GPA in high school, standardized test scores, etc.); residential versus commuter status; attempted hours; participation in intercollegiate athletics or other extracurricular activities; gender; and race. Variables such as amount of borrowing, unmet need, and level of grant do sometimes emerge as statistically significant variables in predictive retention models, but their influence on behavior is often minor.

Continued at: http://universitybusiness.com/viewarticle.aspx?articleid=1816

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: