| Author(s): | Baum, S., Lapovsky, L., and Ma, J. |
| Title: | Tuition discounting: Institutional aid patterns at public and private colleges and universities, 2000-01 to 2008-09 |
| Source: | http://advocacy.collegeboard.org/sites/default/... |
| Date: | 2010 |
| Organization: | College Board |
| Short Description: | This study examines the undergraduate institutional
aid patterns in public two-year and four-year, as
well as private not-for-profit four-year colleges and
universities, from 2000-01 through 2007-08 and,
where possible, 2008-09. |
| Annotation: | This study examines the undergraduate institutional
aid patterns in public two-year and four-year, as
well as private not-for-profit four-year colleges and
universities, from 2000-01 through 2007-08 and,
where possible, 2008-09. Using data from the College
Board’s Annual Survey of Colleges combined with
information from the 2008 National Postsecondary
Student Aid Study (NPSAS), the authors look at grant aid
provided by individual institutions and compare
it to published tuition and fee prices to calculate
institutional discount rates. Instead of focusing on the
motives for awarding aid as reflected in the labels
“need-based” and “non-need-based” or “merit” aid, this report examines whether the aid awarded helps to meet recipients’ financial need. The authors look separately at athletic awards and at tuition waivers, which may be awarded based either on institutional policy or on criteria specified by state governments. They find that the overall discount rate has been relatively stable over the decade in the public sector, but it continues to rise in the private sector. While there is considerable variation across institutions within sectors, the reality is that, despite an environment where college prices are rising rapidly but family incomes are not, a significant portion of institutional aid is being awarded to students who do not have financial need. |
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