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Economic Diversity in Elite Higher Education: Do No-Loan Programs Impact Pell Enrollments?
- The Journal of Higher Education
- The Ohio State University Press
- Volume 84, Number 6, November/December 2013
- pp. 806-833
- 10.1353/jhe.2013.0038
- Article
- Additional Information
Several wealthy colleges and universities have recently begun removing all loans from low-income students’ financial aid packages. This article reports on a study that found that the introduction of “no-loan” policies has positively impacted low-income enrollments, suggesting that this aid strategy may be an effective, though limited, way of increasing economic diversity on campus.