Need-Based Aid for Private, Not-for-Profit Colleges—The Iowa Tuition Grant

(2019) Need-Based Aid for Private, Not-for-Profit Colleges—The Iowa Tuition Grant. College Student Aid Commission

[img]
Preview
PDF
Iowa_Tuition_Grant_2019.pdf

File Size:237kB

Abstract

The costs incurred while earning a postsecondary credential are rising. While those costs are typically highest at private, not-for-profit colleges and universities, students attending those institutions often receive a substantial amount of student aid to offset the expense. In Iowa, the state-funded Iowa Tuition Grant (ITG) provides need-based aid to students attending private, not-for-profit institutions. This study explores how eligibility for ITG impacts students’ postsecondary enrollment patterns. It also looks at the association between receiving an ITG award and completing a postsecondary credential. We found that financial aid applicants who were eligible to receive ITG were more likely to enroll in college and more likely to enroll at a private, not-for-profit institution by 3 and 25 percentage points, respectively. Students who received an ITG award were 4-5 percentage points more likely to complete a credential within four, five or six years than non-recipients at the same institutions.

Item Type: Departmental Report
Keywords: college, university, higher education, financial aid, Iowa Tuition Grant
Subjects: Education
Education > Educational finance
Education > Educational finance > State aid to higher education
Education > Educational finance > Student financial aid
Education > Higher education
Education > Higher education > Private four-year colleges and universities
ID Code: 34479
Deposited By: Elizabeth Keest Sedrel
Deposited On: 19 Nov 2020 21:00
Last Modified: 19 Nov 2020 21:00
URI: http://publications.iowa.gov/id/eprint/34479