The College Student Grant Study

Abstract

This paper considers the effects of the present redirection of public support of higher education from institutional to student support categories. Utilizing a conceptual framework taken from economic-demand theory and based upon samples of state aid recipients in the five states having the largest aid programs, it was found that when considered as money income, student aid results in (1) increased consumption of higher education and (2) a redistribution of students to the private, the non-two-year, and the smaller institutions.