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Download full textDaun-Barnet, Nathan; Hermsen, Albert; Vedder, Lori; Mabry, Beth – Journal of Student Financial Aid, 2013
In 2006, Michigan changed their traditional merit award to a credit contingent program based upon successful completion of 60 college credits. The Michigan Promise Scholarship was crafted by state policymakers without input from the financial aid community. This case study suggests that the change in policy resulted in two unintended consequences:…
Descriptors: Merit Scholarships, State Aid, Student Financial Aid, College Credits
St. John, Edward P. – Journal of Student Financial Aid, 1998
A study investigated the effects of changes in institutional aid strategies on student persistence, exploring the implications of increased reliance on loans at a private university. Increases in grants and loans appeared to improve student persistence. However, students' increased loan burden should be considered. The study also suggests that new…
Descriptors: Academic Persistence, Administrative Policy, Case Studies, Debt (Financial)
