China Agricultural Policy Research Center, Peking University China Agricultural Policy Research Center, Peking University

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New SSCI Paper《Early commitment on ?nancial aid and college decision making of poor students:Evidence from a randomized evaluation in rural China》
Early commitment on ?nancial aid and college decision making of poor students: Evidence from a randomized evaluation in rural China
 
Chengfang Liu, Linxiu Zhang, Renfu Luo, Xiaobing Wang, Scott Rozelle,
Brian Sharbono, Jennifer Adams, YaojiangShi , AiYue , Hongbin Li, Thomas Glauben
 
Abstract:  Many educational systems have struggled with the question about how best to give out ?nancial aid. In particular, if students do not know the amount of ?nancial aid that they can receive before they make a decision about where to go to college and what major to study, it may distort their decision. This study utilizes an experiment (implemented by the authors as a Randomized Control Trial) to analyze whether or not an alternative way of providing ?nancial aid—by providing an early commitment on ?nancial aid during the student’s senior year of high school instead of after entering college — affects the college decision making of poor students in rural China. We ?nd that if early commitments are made early enough; and they are large enough, students will make less distorting college decisions.
 
Keywords: Student ?nancial aid; College decision; Rural China

Attachment:Liu et al_EER_Early Commitment on Financial Aid and College Decision.pdf
  • Liu et al_EER_Early Commitment on Financial Aid and College Decision.pdf