Is traditional financial aid too little, too late to help youth succeed in college? An introduction to The Degree Project promise scholarship experiment
Article first published online: 28 JAN 2014
© WILEY PERIODICALS, INC.
New Directions for Youth Development
Special Issue: Innovations in Improving Access to Higher Education
Volume 2013, Issue 140, pages 99–116, Winter 2013
How to Cite
Harris, D. N. (2013), Is traditional financial aid too little, too late to help youth succeed in college? An introduction to The Degree Project promise scholarship experiment. New Directions for Youth Development, 2013: 99–116. doi: 10.1002/yd.20080
- Issue published online: 28 JAN 2014
- Article first published online: 28 JAN 2014
One of the key barriers in accessing postsecondary opportunities for many students is financial aid. This chapter begins by providing a review of prior evidence on the relationship between financial aid and postsecondary outcomes. One type of financial aid intervention that challenges traditional aid and scholarship options are “promise programs.” These programs make commitments to low-income students when they are much younger than when students typically apply for aid and have the potential to encourage students to better prepare during high school, develop the social capital they need to navigate the path to college, and pay for growing college costs. In this chapter, the author describes the design and rationale for The Degree Project (TDP), which is the first randomized trial of a promise scholarship in the United States. In addition to the important new evidence the demonstration program will generate, TDP also shows how educators and researchers can work together to provide the insight and answers policy makers need to address very real education gaps.