Financial Aid

Report

Evidence from Promising Programs

June, 2014
Christopher Wimer, Dan Bloom

A review of high-quality studies, this paper highlights interventions — in education, employment and training, and second-chance programs — that have demonstrated positive results for young men of color. It comes as policymakers and philanthropies focus new attention on investing more to build opportunities for these young men. 

Issue Focus

Educational Challenges and MDRC’s Research

May, 2014

MDRC hosted a recent colloquium to celebrate our 40th anniversary and the contributions of former Board Chair Robert Solow. This issue focus summarizes a panel presentation, featuring Frank Levy, Richard J. Murnane, Cecilia E. Rouse, and Ronald F. Ferguson, about current challenges in education and how MDRC’s research can help address them.

Report

Student Characteristics and Patterns of (Un)Affordability

February, 2014
Rashida Welbeck, John Diamond, Alexander Mayer, Lashawn Richburg-Hayes

This paper reviews the literature on financial aid and college achievement, examines data from MDRC’s Performance-Based Scholarship Demonstration to identify relationships between students’ financial aid and their persistence and academic achievement, and concludes with recommendations for how these collective findings should affect financial aid policy.

Working Paper

Seven Years Later

March, 2014

This paper presents the long-term effects of a learning communities program. The program’s positive effect on credit accumulation was maintained for seven years, and there is some evidence that graduation rates increased. Economic outcomes are examined, and sobering reflections on detecting effects on economic outcomes in higher education interventions are presented.

Report

A Technical Assistance Guide for Developing and Implementing Performance-Based Scholarships

February, 2014

Drawing on the findings and experiences of two research demonstrations that tested the effectiveness of performance-based scholarships, this guide provides helpful information for colleges and scholarship-granting organizations on this type of aid, which can reduce the financial burden on low-income students while offering incentives for good academic progress.

Brief

Two-Year Results from an Evaluation of Accelerated Study in Associate Programs (ASAP) for Developmental Education Students

December, 2013

This policy brief presents results from an evaluation of a program designed to increase the graduation rates of low-income community college students. The initiative requires full-time attendance and offers comprehensive supports and financial incentives for three full years. The program boosted two-year graduation rates substantially — by 66 percent.

Report

Early Findings from the Performance-Based Scholarship Demonstration in Arizona

October, 2013
Reshma Patel, Ireri Valenzuela

College graduation rates for Latino students, especially Latino male students, are lower than the national average. This report presents findings from a study of performance-based scholarships paired with a robust set of student services designed to help low-income Latino men succeed.

Brief

Incremental Aid to Promote Student Success

September, 2013
Michelle Ware, Evan Weissman, Drew McDermott

Aid Like A Paycheck is based on a simple idea that is gaining national attention: after tuition and fees have been paid to a college, disburse the remaining financial aid to students evenly throughout the term — like a paycheck. This brief describes successful pilot tests at two colleges and discusses policy implications.

Can existing financial aid programs do more to help low-income college students achieve academic success? MDRC is conducting a large-scale evaluation of Aid Like A Paycheck, a new program based on a simple yet potentially transformative idea: After the college receives payment for tuition and fees, disburse remaining financial aid to students...

Brief

Interim Findings from the PBS Demonstration

August, 2013
Reshma Patel, Lashawn Richburg-Hayes, Elijah de la Campa, Timothy Rudd

Interim results suggest that performance-based scholarships improve students’ academic performance and increase the number of credits they earn. In some sites, the scholarships also appear to reduce student debt. In the one location for which data are available so far, the program increased the proportion of students earning a degree.

Pages