Financial Aid Nudges: A National Experiment with Informational Interventions
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| Title: | Financial Aid Nudges: A National Experiment with Informational Interventions |
|---|---|
| Language: | English |
| Authors: | Page, Lindsay C. (ORCID |
| Source: | Educational Evaluation and Policy Analysis. Jun 2023 45(2):195-219. |
| Availability: | SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: https://sagepub.com |
| Peer Reviewed: | Y |
| Page Count: | 25 |
| Publication Date: | 2023 |
| Sponsoring Agency: | Institute of Education Sciences (ED) |
| Contract Number: | R305A160400 |
| Document Type: | Journal Articles Reports - Research |
| Education Level: | Higher Education Postsecondary Education |
| Descriptors: | College Applicants, Student Financial Aid, Financial Aid Applicants, Paying for College, Undergraduate Students, Intervention, Prompting, Computer Mediated Communication, Federal Aid, Academic Persistence, Graduation, Costs |
| DOI: | 10.3102/01623737221111403 |
| ISSN: | 0162-3737 1935-1062 |
| Abstract: | Despite high prices, many college students do not re-file the Free Application for Federal Student Aid (FAFSA) or file late, making college less affordable. Low-cost technological interventions delivering personalized information and/or advising may improve refiling and academic outcomes, but questions remain regarding the efficacy of this approach at scale. This multi-pronged randomized experiment tested informational and framing text message interventions for a national sample of approximately 10,000 undergraduates. The text outreach caused earlier FAFSA re-filing for some students. However, gains in re-filing during the active intervention period were not sustained after the intervention concluded and did not translate into additional federal financial aid or improved postsecondary persistence or attainment. Implications for the scaling and targeting of nudging are discussed. |
| Abstractor: | As Provided |
| IES Funded: | Yes |
| Entry Date: | 2023 |
| Accession Number: | EJ1375510 |
| Database: | ERIC |
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