Is the Early Promise of Money Enough? Examining High School Students' College Knowledge and Choice in a Promise Scholarship Program

Autor/in	Reavis, Tangela Blakely
Titel	Is the Early Promise of Money Enough? Examining High School Students' College Knowledge and Choice in a Promise Scholarship Program
Quelle	In: Journal of Student Financial Aid, 51 (2022) 2, Artikel 4 (29 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Zusatzinformation	Weitere Informationen
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0884-9153
Schlagwörter	High School Students; Scholarships; Knowledge Level; College Choice; Paying for College; Access to Education; Urban Schools; Public Schools; Student Financial Aid; Social Capital; Wisconsin (Milwaukee) + Suchen Sie Ihr Suchwort? High school; High schools; Student; Students; Oberschule; Schüler; Schülerin; Studentin; Scholarship; Stipendium; Wissensbasis; Studienortwahl; Studienfinanzierung; Education; Access; Bildung; Zugang; Bildungszugang; Urban area; Urban areas; School; Schools; Stadtregion; Stadt; Schule; Public school; Öffentliche Schule; Finanzielle Beihilfe; Studienförderung; Sozialkapital
Abstract	This study is part of a randomized control trial examining the results of a promise scholarship program, the Degree Project (TDP). Half of the ninth graders in one Midwestern urban school district were notified about a $12,000 promise scholarship offer if they met certain GPA and attendance requirements (2.5 GPA and 90% attendance). This analysis draws on interview data to understand students' financial knowledge over four years (grades 9-12). The study examined how treatment students (those who were offered the scholarship) and control students (those who were not offered the scholarship) explained and understood the methods they intended to use to finance their college education. The analysis also investigated whether promise group students communicated different financial knowledge than non-promise students. Findings indicate the early promise of a scholarship had no bearing on whether students left high school feeling prepared to meet the financial demands of higher education. Despite the intervention, students had a very rudimentary understanding of how to pay for college and by senior year, college affordability was described as a significant barrier to postsecondary aspirations for most students. Findings raise concerns for the untimely and complicated financial aid process in the U.S. and emphasize the need to address the barriers to college that go beyond price. (As Provided).
Anmerkungen	Center for Economic Education at the University of Louisville. Porter Building, 1905 South 1st Street, Louisville, Ky, 40292. e-mail: jsfa@louisville.edu; Web site: https://ir.library.louisville.edu/jsfa/
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01