For Students on Financial Aid: Does the School's Endowment Matter?

Authors

  • Alden I. Cowap Middlebury College
  • Sarah E. Freyre Middlebury College
  • Sean K. Indrelie Middlebury College
  • Edward D. O'Brien Middlebury College
  • Paul M. Sommers Middlebury College

DOI:

https://doi.org/10.47611/jsr.v6i1.328

Keywords:

liberal arts colleges, financial aid, endowment

Abstract

Many of the nation’s top fifty liberal arts colleges claim that the needs of their students on financial aid are fully met.  For these elite schools, the authors regress net cost to students on the school’s endowment per capita.  The regression results show that only the richest schools can really claim to meet a student’s full demonstrated need.  Surprisingly, among the nation’s top liberal arts colleges, the school’s endowment (per capita) matters.

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Author Biographies

Alden I. Cowap, Middlebury College

Student

Sarah E. Freyre, Middlebury College

Student

Sean K. Indrelie, Middlebury College

Student

Edward D. O'Brien, Middlebury College

Student

Paul M. Sommers, Middlebury College

Paige-Wright Professor of Economics

Published

2017-05-23

How to Cite

Cowap, A. I., Freyre, S. E., Indrelie, S. K., O’Brien, E. D., & Sommers, P. M. (2017). For Students on Financial Aid: Does the School’s Endowment Matter?. Journal of Student Research, 6(1), 47-51. https://doi.org/10.47611/jsr.v6i1.328

Issue

Section

Research Articles