A study examined the extent to which receipt of financial aid influences the price level of the college or university attended, after controlling for academic ability, educational aspiration, socioeconomic status, distance from home, gender, and race. Data were drawn from a follow-up to the Beginning Postsecondary Student Survey of 1989-90…

Examines the total direct and indirect effects of receiving financial aid on persistence to degree using a subsample of 1989 freshmen from the Beginning Postsecondary Student Survey. Analysis shows that although simply receiving financial aid is unrelated to persistence, the effects of financial aid on persistence appear to depend on type and…