November 7, 2008

2 Scholarship Programs Present Rare Opportunities to Study Effects of Financial Aid

By Peter Schmidt

Jacksonville, Fla.

Generous financial-aid grants not only expand students' educational options, but also help them focus more on their studies and increase their chances of graduating from college, new research suggests. Those findings, from studies among several that looked at the effect of financial aid, were discussed here on Thursday at the annual conference of the Association for the Study of Higher Education.

Three of the studies focused on two large, privately financed scholarship programs

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