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The impact of financial aid on student departure and graduation: propensity score matching

The purpose of the study was to evaluate the impact of the financial aid programme aimed at discounting tuition fees at one of Venezuela's first private universities on early and late student departure, both from the degree programme and the institution, as well as on graduation. The propensity...

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Published in:	Quality in higher education 2023-05, Vol.29 (2), p.227-241
Main Authors:	Hernández-Medina, Patricia, Ramírez-Torres, Gabriel
Format:	Article
Language:	English
Subjects:	College graduates College Students Dropouts Educational tests & measurements Financial aid Foreign Countries graduation Graduation Rate impact evaluation Private Colleges Program Evaluation propensity score matching quality Quality of education Regression (Statistics) School Holding Power student departure Student Financial Aid
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container_title	Quality in higher education
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creator	Hernández-Medina, Patricia Ramírez-Torres, Gabriel
description	The purpose of the study was to evaluate the impact of the financial aid programme aimed at discounting tuition fees at one of Venezuela's first private universities on early and late student departure, both from the degree programme and the institution, as well as on graduation. The propensity score matching was used by calculating the average treatment effect estimator under parametric and non-parametric methodologies such as nearest neighbours, Kernel, or local linear regression. The results indicate that although there is evidence of the programme exerting a positive impact on early student departure to a greater extent (reductions between 8% and 15%), the impact tends to be considerably less when it comes to reducing late student departure (between 1% and 5%), and it had no impact on graduation.
doi_str_mv	10.1080/13538322.2022.2054077
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source	ERIC; Taylor and Francis Social Sciences and Humanities Collection
subjects	College graduates College Students Dropouts Educational tests & measurements Financial aid Foreign Countries graduation Graduation Rate impact evaluation Private Colleges Program Evaluation propensity score matching quality Quality of education Regression (Statistics) School Holding Power student departure Student Financial Aid
title	The impact of financial aid on student departure and graduation: propensity score matching
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