TY - RPRT AU - Waddell, Glen R. AU - Singell, Larry D. TI - Do No-Loan Policies Change the Matriculation Patterns of Low-Income Students? PY - 2009/Aug/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 4362 UR - https://www.iza.org/publications/dp4362 AB - We empirically examine whether there is discernable variation in the matriculation patterns of low-income students at public flagship institutions in the United States around changes in institutional financial-aid policies that target resident, low-income students with need-based aid. While enrollment responses cannot be attributed to these programs, we do find that institutions that introduce income-targeted aid subsequently enroll financially needier and geographically more-distant students. These findings imply that "improved" access may actually displace some needy students in favor of others. KW - low income KW - financial aid KW - no loan KW - Pell ER -