Is School out for the Summer? The Impact of Year-Round Pell Grants on Academic and Employment Outcomes of Community College Students

Autor/in	Liu, Vivian Yuen Ting
Titel	Is School out for the Summer? The Impact of Year-Round Pell Grants on Academic and Employment Outcomes of Community College Students
Quelle	In: Education Finance and Policy, 15 (2020) 2, S.241-269 (29 Seiten)Infoseite zur Zeitschrift PDF als Volltext (1); PDF als Volltext kostenfreie Datei (2) Verfügbarkeit
Zusatzinformation	Weitere Informationen
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1557-3060
Schlagwörter	Summer Programs; Grants; Summer Schools; Federal Aid; Student Financial Aid; Two Year College Students; Community Colleges; College Credits; Credentials; Educational Certificates; Associate Degrees; College Transfer Students; Wages; Low Income Students; Student Characteristics; Student Loan Programs; Graduation Rate + Suchen Sie Ihr Suchwort? Sommerkurs; Grant; Finanzielle Beihilfe; Summer school; Studienfinanzierung; Studienförderung; Community college; Community College; College; Colleges; Achievement; Performance; Anrechnung; Hochschule; Fachhochschule; Leistung; Studienbuch; Bildungsabschluss; Schulzeugnis; Hochschulwechsel; Schulwechsel; Studienortwechsel; Wage; Löhne
Abstract	Despite having been the largest source of financial aid to low-income college students in the United States, the traditional Pell Grant had one major limitation: If students enrolled in two semesters full-time, they would not have had any tuition support for the summer term of the same academic year. The year-round Pell (YRP) was implemented in the academic years 2009-10 and 2010-11 to provide a second Pell Grant to students who enrolled in more than twenty-four credits prior to the third semester and in at least six credits during the summer term. Using a state administrative dataset from a community college system, this paper uses a difference-in-differences approach to examine the credit, credential completion, and labor market outcomes resulting from the YRP. The study finds that for each $1,000 of additional YRP grant funding, summer enrollment increases by 28 percentage points, diploma completion rates increase by 1.6 percentage points, and third-year earnings from college entry increase by $200. For YRP-eligible students who started in a short-term program, the gains are a 2 percentage point higher certificate attainment rate, 3.6 percentage point increase in associate degree completion, and no effect on four-year transfer rates. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01