Need-Based Promise Programs, Performance Funding Bonuses, and the Enrollment of Low-Income Students
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| Title: | Need-Based Promise Programs, Performance Funding Bonuses, and the Enrollment of Low-Income Students |
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| Language: | English |
| Authors: | Amy Y. Li (ORCID |
| Source: | Educational Policy. 2025 39(6):1171-1208. |
| Availability: | SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: https://sagepub.com |
| Peer Reviewed: | Y |
| Page Count: | 38 |
| Publication Date: | 2025 |
| Document Type: | Journal Articles Reports - Research |
| Education Level: | Higher Education Postsecondary Education |
| Descriptors: | Student Financial Aid, Need Analysis (Student Financial Aid), College Programs, Performance Based Assessment, Educational Finance, Enrollment, Low Income Students, College Students, Financial Needs, Federal Aid, Grants, Accountability, Access to Education |
| Geographic Terms: | Louisiana, New York, Washington |
| Laws, Policies and Program Identifiers: | Pell Grant Program |
| DOI: | 10.1177/08959048241287410 |
| ISSN: | 0895-9048 1552-3896 |
| Abstract: | Certain statewide promise programs require students to demonstrate financial need, while state performance funding policies sometimes incorporate a financial bonus that incentivizes colleges to enroll or graduate low-income students. We use data on public, 4-year colleges from 2007-2008 to 2019-2020, and incorporate difference-in-differences analyses and event studies. We find that colleges affected by promise programs in Louisiana, New York, and Washington observed no changes to the number and percent of first-time, full-time (FTFT) Pell grant recipients. Colleges in states subject to a performance funding bonus experienced no changes to the number and percent of FTFT Pell grants recipients, and colleges in Louisiana subject to both policies experienced no changes to either outcome. |
| Abstractor: | As Provided |
| Entry Date: | 2025 |
| Accession Number: | EJ1477053 |
| Database: | ERIC |
| Abstract: | Certain statewide promise programs require students to demonstrate financial need, while state performance funding policies sometimes incorporate a financial bonus that incentivizes colleges to enroll or graduate low-income students. We use data on public, 4-year colleges from 2007-2008 to 2019-2020, and incorporate difference-in-differences analyses and event studies. We find that colleges affected by promise programs in Louisiana, New York, and Washington observed no changes to the number and percent of first-time, full-time (FTFT) Pell grant recipients. Colleges in states subject to a performance funding bonus experienced no changes to the number and percent of FTFT Pell grants recipients, and colleges in Louisiana subject to both policies experienced no changes to either outcome. |
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| ISSN: | 0895-9048 1552-3896 |
| DOI: | 10.1177/08959048241287410 |