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An Integrated Model of Application, Admission, Enrollment, and Financial Aid
- The Journal of Higher Education
- The Ohio State University Press
- Volume 77, Number 3, May/June 2006
- pp. 381-429
- 10.1353/jhe.2006.0019
- Article
- Additional Information
We jointly model the application, admission, financial aid determination, and enrollment decision process. We find that expectations of admission affect application probabilities, financial aid expectations affect enrollment and application behavior, and deviations from aid expectations are strongly related to enrollment. We also conduct simulations on important policy variables.