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- Title
The Impact of a Promise: A Loan Replacement Grant, Low-Income Students, and College Graduation.
- Authors
Gershenfeld, Susan; Zhan, Min; Hood, Denice Ward
- Abstract
Abstract This study examines the impact of Illinois Promise, a loan replacement grant for low-income students, on college graduation within five years. A quasi-experimental design using propensity score matching is employed for first-time, full-time students enrolled as freshman from fall, 2007 through fall, 2009. Eligibility criteria are used to construct the comparison group of one-to-one matches for a total of 414 students. Results show the odds ratio of graduating within five years is 2.4 times more likely for I-Promise students in relation to the low-income comparison group. Policy and practice implications are discussed.
- Subjects
GRANTS (Money); LOW-income students; GRADUATION (Education); FIRST-generation college students; ILLINOIS state budget
- Publication
Review of Higher Education, 2019, Vol 42, Issue 3, p1073
- ISSN
0162-5748
- Publication type
Article
- DOI
10.1353/rhe.2019.0030