Sunday, October 20, 2013

Literature Review Blog #2


2. 
"Paving the Way: How Financial Aid Awareness Affects College Access and Success." (October 2008): n. page. Print. <http://projectonstudentdebt.org/fckfiles/Paving_the_Way.pdf>.


3. This reading is about how financial aid awareness affects college choice and success. It assesses what parents and students know and do not know about financial aid and how it works. It states how students can learn about financial aid and become aware of the amount of money that they will owe and how they can be funded. Therefore, they may make different choices if they are
fully aware. College decisions can be based off of awareness of debt and financial aid that can be awarded to a student, such as choosing a school and major.

4. The article is written by "The Institute for College Access & Success", which is "An independent, nonprofit organization, the Institute for College Access & Success works to make higher education more available and affordable for people of all backgrounds. By conducting and supporting nonpartisan research, analysis, and advocacy, the Institute aims to improve the processes and public policies that can pave the way to successful educational outcomes for students and for society" (As quoted from the article).

5. Financial aid awareness: Not all students and parents are aware of financial aid and the process that is required to attain it.  Students can learn about it from counselors, other students, the internet, and various other sources. Students, especially of various ethnicities and low income are the less knowledgable of students who want to attend college. They may not be eligible for some aid because they did not apply in time or did not know that they were eligible, thus affecting choices they make regarding school and major. 

Affects on college going behavior- 24% of students in Texas did not fill out a FAFSA form because they did not know about it, but knew vaguely about financial aid. With more information, students found that their decisions were less hard to make and less affected by the financial aspect of college. If knowledgable, students were more likely to attend a four year college than those who did not know about financial aid.

6. 
c)  A lack of timely financial aid knowledge affects a student’s likelihood of going to college. (6) 

d)  A student’s expectations concerning financial aid eligibility influence whether they will apply to and attend college. (6)


d) The availability of financial aid, or lack thereof, can affect college enrollment and completion. (9)


7. This material will be able to help me in my research because this aspect of my research tends to be narrow due to the fact that I am looking at the fact that debt and money can affect college choices. This article directly touches upon how money and debt can affect the choice a student makes in college. I think that this article will be able to show me how various students of different ethnicities and backgrounds become knowledgeable of financial aid and how it affects their choices in entering and staying in school.



 

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