Research in Higher Education

, Volume 54, Issue 4, pp 383–406 | Cite as

Financial Aid and Attainment Among Students in a State with Changing Demographics

  • Jacob P. K. Gross
  • Vasti Torres
  • Desiree Zerquera


Using event history analysis, this study investigated to what extent differentiated forms of aid affected the educational attainment of various student populations with particular interest on the Latinos/as within this emerging settlement state: Indiana. Findings suggest that the effects of aid are moderated by race and ethnicity. State grants, primarily need-based, played a significant if not modest role in encouraging persistence among Latino students, more so than peers from other racial/ethnic groups. No significant direct relationship was found between federal grants and loans for Latino students with respect to graduation.


Latinos/as Financial aid Event history analysis Educational attainment State grants Need-based aid 



This research was supported in part by an Association for the Study of Higher Education/Lumina Foundation for Education Dissertation Fellowship. The authors wish to thank Don Hossler and Steve DesJardins for their critiques and suggestions on earlier versions of this manuscript as well as the detailed and generous feedback of two anonymous reviewers.


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Copyright information

© Springer Science+Business Media New York 2012

Authors and Affiliations

  • Jacob P. K. Gross
    • 1
  • Vasti Torres
    • 2
  • Desiree Zerquera
    • 2
  1. 1.Educational Leadership, Foundations, and Human Resource EducationUniversity of LouisvilleLouisvilleUSA
  2. 2.Educational Leadership and Policy StudiesIndiana UniversityBloomingtonUSA

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