A Typology of Institutional Loan Replacement Grant Initiatives for Low- and Moderate-Income Students

被引:9
作者
Lips, Adam Joseph Argaylis [1 ]
机构
[1] Univ Pittsburgh, Pittsburgh, PA 15260 USA
关键词
HIGHER-EDUCATION; FINANCIAL NEXUS; COLLEGE CHOICE; OPPORTUNITY; PERSISTENCE; POLITICS; COSTS; AID;
D O I
10.1353/rhe.2011.0026
中图分类号
G40 [教育学];
学科分类号
040101 ; 120403 ;
摘要
In recent years, growing numbers of four-year institutions have implemented a new type of need-based financial aid policy directed toward low- and middle-income students. These initiatives referred to here as Loan Replacement Grant (LRG) programs greatly reduce or eliminate loans in student aid awards and replace them with grants. This paper establishes a LRG definition, summarizes 64 currently active programs, then classifies them according to a typology developed through an analysis of programmatic characteristics, producing eight distinct types. Presentation of the LRG definition, program specifics, and typology act to organize these proliferating need-based initiatives and will facilitate future research.
引用
收藏
页码:611 / 655
页数:45
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