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Wisconsin Scholars Longitudinal Study: An Introduction

Wisconsin Scholars Longitudinal Study: An Introduction. SARA GOLDRICK-RAB & DOUGLAS N. HARRIS Co-Directors University of Wisconsin-Madison WWW.FINAIDSTUDY.ORG. Thanks for the Extensive Support!. Funders: Bill and Melinda Gates Foundation, William T. Grant Foundation, Spencer Foundation

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Wisconsin Scholars Longitudinal Study: An Introduction

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  1. Wisconsin Scholars Longitudinal Study:An Introduction SARA GOLDRICK-RAB & DOUGLAS N. HARRIS Co-Directors University of Wisconsin-Madison WWW.FINAIDSTUDY.ORG

  2. Thanks for the Extensive Support! • Funders: Bill and Melinda Gates Foundation, William T. Grant Foundation, Spencer Foundation • Partners: University of Wisconsin System, Wisconsin Technical College System • Board of directors of the Fund for Wisconsin Scholars • Our staff, past, present,and future • And especially our project manager, Alison Bowman

  3. Policy Context • The nation faces a college completion problem • Completion rates are especially poor among students from low-income families • Governments spend $155B+ on need-based financial aid each year (inc. grants & loans) • To what degree is aid exerting an independent contribution to degree completion rates? • Is it a cost-effective contribution? • Through what mechanisms do effects arise? • For which students is aid most effective?

  4. How Financial Aid Could Help Students • The conditions required to get the aid could provide motivation • “I will continue to enroll in college in order to get this money.” • “I will attend full-time rather than part-time in order to get this money.” • The income could be used in positive or negative ways • “This money helps me work a little less and study a little more.” • “This money makes me less worried that I can get through college.” • “With this money, I’ll stay in a dorm where I can hang out with my friends.”

  5. Prior Research • Studies suggest modest positive impacts of financial aid on college attendanceand persistence for the average student • The effects seem to vary depending on the conditions associated with the program • They also depend on who the program is serving • Isolating a causal effect of financial aid is particularly difficult

  6. Ways to Evaluate the Effects of a Grant Program ddf 100 students sign up to receive a grant Grant vs. No Grant Comparison

  7. Grant vs. No Grant

  8. Grant vs. No Grant

  9. Grant vs. No Grant Students receiving the grants have higher college completion rates… Can we attribute that difference to the grants?

  10. Scholarship vs. No Scholarship The observed differences in completion rates could be due to unobserved differences among students—which led them to get the grants.

  11. Grant vs. No Grant • This method compares apples to oranges • The reason for not getting the grant could be associated with the reason for not finishing college (“selection bias”) • If we know what the reason is, we can “control” for it • If we don’t know what it is, or can’t observe it in the data we have, we can’t control for it • The estimated impact of the grant mixes up these factors

  12. Fund for Wisconsin Scholars • A new, generous grant program • Allocates grants with a method that facilitates rigorous estimation of impacts • Willing to participate in an evaluation • An uncommon opportunity to help large numbers of Wisconsin college students—while generating research knowledge needed to help students nationwide

  13. Fund for Wisconsin Scholars • Grants to students enrolled in UW System & the Wisconsin Technical College System • Began making awards in fall 2008 • Eligible students graduated from Wisconsin public high schools, enrolled in college within 3 years of graduation, for the first-time, and received a Pell Grant • Had to have at least $1 of unmet need after all non-repayable sources of aid were accounted for • Had to enroll full-time (12 credits) by the date of record

  14. Fund for Wisconsin Scholars • Grant amounts: • $1,800 per year for students at 2-year colleges • $3,500 per year for students at universities • Terms of renewal: • Continued receipt for up to 5 years • Transferrable among publics • Must register for 12 credits by the start of each new term • Maintain ‘satisfactory academic progress’ (~C average) • Terms are very comparable to the federal Pell Grant

  15. Fund for Wisconsin Scholars • Identification of eligible students: • Fall of first year of college (after enrollment) • FFWS works with Wisconsin’s financial aid officers • Students don’t have to sign up for a “chance” to get the grants; they have already done the hard work of completing the FAFSA • Selection process: • Students are chosen (2-year and 4-year separately) • Potential recipients are notified • Students respond and verify their eligibility • Award process: • After verification, payments are disbursed via financial aid offices each term • First payment arrives by 2nd semester, year 1

  16. Random Assignment of FFWS Grants All eligible students have an equal chance of receiving a grant   A coin toss helps ensure recipients and non-recipients are equivalent groups

  17. FFWS Grant vs. No FFWS Grant • This method compares apples to apples • The reason for not getting the grant could NOT be associated with the reason for not finishing college • The estimated impact of the FFWS grant is clean– if we observe differences in students’ outcomes they are due to the grant

  18. How Students Get the FFWS Grant • They are enrolled and already have financial aid • The FFWS grant must go to the financial aid office & by law the student’s package must be adjusted if receiving the grant means their financial aid exceeds the institution’s cost of attendance • Usually this means reducing loans and/work-study money; schools agreed not to reduce institutional aid • So they get the grant as loan reduction, cash refund, or a combination, depending on the size and composition of their initial aid package

  19. Wisconsin Scholars Longitudinal Study • What are the average effects of the FFWS grant on college attainment? • For which students is the grant most effective? • Under what conditions is the grant most effective? (e.g. loan vs. cash, type of college) • How does the FFWS grant affect students? • How does it change how they spend their time? • In what ways does it alter their relationships with other people? • How does it affect how they think and feel?

  20. Wisconsin Scholars Longitudinal Study • Includes 3,000 students who were eligible for the FFWS grant in Fall 2008 • 1,200 students randomly chosen to receive the grant • 1,800 students not chosen (at random) to receive the grant • The sample is split between universities and 2-year colleges • We also plan to include students who will be eligible for the FFWS grant in Fall 2012

  21. Wisconsin Scholars Longitudinal Study • We observe students’ outcomes with the following kinds of data: • National Student Clearinghouse (enrollment anywhere) • College transcripts • Surveys (administered yearly, by mail) • Interviews (conducted in-person, every semester, with a stratified sample of 36students at 4 universities) • We also plan to consider employment and earnings outcomes

  22. Questions? • About the study’s research questions? • Design? • Data?

  23. Education Impacts of the Wisconsin Scholars Grant on University Students:2008-2011 SARA GOLDRICK-RAB, DOUGLAS N. HARRIS, JAMES BENSON, & ROBERT KELCHEN University of Wisconsin-Madison WWW.FINAIDSTUDY.ORG

  24. Sample • 1,500 students who enrolled at one of Wisconsin’s 13 public universities in Fall 2008 • All students in this analysis received a Pell Grant in that term • We compare the outcomes of 600 students randomly selected to be offered the FFWS grant and 900 eligible students who were not chosen

  25. Data • Enrollment: National Student Clearinghouse (2008-2011) • Obtained for all students • Captures enrollment anywhere in the U.S., if NSC can find a “match.” Our “match” rate ~98%. • Credits & GPA (2008-2010) • Financial aid packages (2008-2010) • Student surveys (2008, 2009) • In-depth interviews (50 students, every 6 months, 2008-11)

  26. Were Students Offered and Not Offered the Grant Similar Before the Grant Was Awarded?

  27. Question 1: How did the FFWS grant affect students’ financial resources?

  28. Impact on Aid Package: Year 1 (2008-2009) 93% of treatment group received FFWS this year. Aid amounts are unconditional on receipt—impacts reflect supplanting + student decisions

  29. Impact on Aid Package: Year 2 (2009-2010) 67% of treatment group received FFWS this year. Aid amounts are unconditional on receipt.

  30. Summary • About 1/3 of the amount of the FFWS grant was used to reduce students’ loans and work-study (as well as replace some state grant aid) • After two years, students offered the FFWS grant had about $1,800 less debt than students not offered the grant

  31. Question 2: How did the FFWS grant affect academic outcomes?

  32. Average Impacts of the Grant on Enrollment:2008-2011 Notes: *** p<.01, **p<.05, * p<.10 These are average effects, comparing FFWS recipients vs. control group

  33. Average Impacts of the Grant on Credits:2008-2010 Notes: *** p<.01, **p<.05, * p<.10

  34. Effects of the Grant Varied • We compared the effects based on a student’s propensity to persist, using pre-FFWS factors: • Age, parental education, race/ethnicity, gender, number of siblings • Family income, assets, expected family contribution • Years of high school math and science, GPA, ACT score, hours worked in high school, receipt of the Academic Competitive Grant • Help from parents completing FAFSA • # credits registered for 2nd week of freshman year • Receipt of the Supplemental Educational Opportunity Grant • College attended

  35. Propensity to Persist • Overlapping disadvantages means that no single factor describes the category but parental education and ACT scores are some of the defining characteristics • High (94%): Parents typically have at least a bachelor’s degree, students have higher than average test scores • Middle (82%): Parents typically have a high school education, students have moderate test scores • Bottom (55%): Parents typically have attended some college but not necessarily a university, students have lower test scores

  36. Impact of the Grant on Enrollmentby Propensity to Persist -15 -1 + 17

  37. Impact of Grant on Total Number of Enrolled Terms: 2008-2011 Propensity to Persist

  38. Impact of Grant on Number of Attempted Credits: 2009-2010 Note: No Impacts on Attempts In ‘08-09 Propensity to Persist

  39. Impact of Grant on Number of Completed Credits: 2008-2010 Propensity to Persist

  40. Impact of Grant on Percent Completing 1-29 Credits: 2008-2010 Propensity to Persist

  41. Impact of Grant on Percent Completing 60+ Credits:2008-2010 Propensity to Persist

  42. Summary • On average, the grant appeared to accelerate time-to-degree for some students. This is promising since less than 30% of Pell recipients in Wisconsin complete bachelor’s degrees in 4 years. • The grant appeared most effective for the students who were the least likely to persist in college

  43. Are FFWS Requirements Driving the Effects? • We think this is unlikely • The requirements are not unusual • Students think of the FFWS grant as simply as part of their aid package – it requires exactly what Pell does (12 credits, satisfactory academic progress) • Many think the FFWS grant requires a B average– but they think the Wisconsin Higher Education Grant does too • Awareness of the grant and its requirements is limited: • In Fall 2008 survey just 37% of those awarded the grant reported getting it– a year later, just 49% of those awarded it seemed to know they had it

  44. Decisions About Full-Time Enrollment • Interviews do not indicatethat students took specific grants into account when making decisions about the number of credits to take • But they did consider overall financial constraints and the needs of their family members • More important for determining the # credits was their perception of how well they were doing in school • There was an overall lack of awareness of how number of credits relates to time-to-degree • Lots of shifting from “4-year track” (15+ credits) to “5-year track” (12-14) credits, and sometimes to <12 too

  45. Are FFWS Resources Driving the Effects? • Resources could have many different types of effects • For example, increased resources could allow students to substitute study time for work time • The increased resources could also help students meet their other obligations, for example to family members, helping them stay enrolled • The resources could prove necessary for continued enrollment, but insufficient to help them manage a higher credit load

  46. Who Helped Students Make Decisions? • Students who were unlikely to persist in college were first-generation students with close family ties: • Their families may have worked extra hard to help them succeed in college, and they may have made decisions about college (including how to spend $) with their parents (Minikel-Lacocque & Goldrick-Rab, 2011) • Students who were very likely to persist in college came from families where attending college was more normative, these were “emerging adults”: • Students may have been afforded more independence about how to use the grant

  47. Policy Implications • Targeting of social programs can maximize their cost-effectiveness • The challenge lies in identifying the best ways to target • It can be difficult to find politically feasible approaches

  48. Policy Implications • Costs of the Pell Grant are substantial and growing (~$20-40B) • The Obama administration wants to keep the grant maximum high while finding other places to cut • One proposal is to require students to take 15 credits per term (instead of 12) to get the maximum Pell ($5,500) • Only 31% of Pell recipients today take 15+ credits per term—most are juniors or seniors. • This change means the Pell would be cut by $1000 or more for the 41% of Pell recipients currently taking 12-14 credits per term • Assuming some of these succeeded in registering for 15+ credits, savings would be approximately $1-2 billion per year– more, if those at 12-14 credits drop down—or dropout • Cost-effectiveness of the approach is unclear

  49. Questions? Visit www.finaidstudy.org for a copy of the paper

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