To Apply or Not to Apply: FAFSA Completion and Financial Aid Gaps
To Apply or Not to Apply: FAFSA Completion and Financial Aid Gaps
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申请或不申请：FAFSA 完成情况和经济援助缺口
DOI：
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发表时间：
2014
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影响因子：
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通讯作者：
Michael S. Kofoed
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作者：
Michael S. Kofoed
在美国，大学生必须完成免费申请学生联邦援助(FAFSA)才能获得联邦援助。然而，许多符合条件的学生没有申请，因此放弃了大量的经济援助。如果学生有关于资助资格的完整信息，我们预计所有符合条件的学生都会完成FAFSA，没有资助没有人申请。使用国家大中专学生资助调查的数据，我估计了一个多项Logit模型，该模型控制了影响资助资格的所有变量和可能阻碍FAFSA完成的其他学生特征。我发现，中低收入、白人、男性和独立于父母的学生即使有资格获得资助，也不太可能完成FAFSA。使用倾向分数匹配，我发现申请者每年放弃9,741.05美元的总援助(包括助学金和贷款援助)，其中包括1,281.00美元的佩尔助学金，2,439.50美元的补贴学生贷款余额，1,986.65美元的非补贴学生贷款余额，以及1,016.04美元的机构助学金。这些援助总额为每年240亿美元。
In the United States, college students must complete the Free Application for Student Federal Aid (FAFSA) to access federal aid. However, many eligible students do not apply and consequently forgo significant amounts of financial aid. If students have perfect information about aid eligibility, we would expect that all eligible students complete FAFSA and no aid would go unclaimed. Using data from the National Postsecondary Student Aid Survey, I estimate a multinomial logit model which controls for all variables that contribute to aid eligibility and other student characteristics that may deter FAFSA completion. I find that students who are lower middle income, white, male and independent from parents are less likely to complete FAFSA even when they are eligible for aid. Using propensity score matching, I find that each year applicants forgo $9,741.05 in total aid (including grant and loan aid) which includes $1,281.00 of Pell Grants, $2,439.50 of the balance subsidized student loans, $1,986.65 of the balance of unsubsidized student loans, and $1,016.04 of institutional grants. These aid totals aggregate to $24 billion annually.