Financial Aid, College Decisions, and Information: Evidence from a Cluster-RCT in China

Author/s: 

Prashant Loyalka

,

Yingquan Song

,

Jianguo Wei

,

Weiping Zhong

,

Scott Rozelle

Year of Publication: 
2013
Publication: 
Economics of Education Review

Past studies find that disadvantaged students in the United States are often misinformed about college costs and financial aid opportunities and thus may make sub-optimal decisions regarding college. This information problem may be even more serious in developing countries. We therefore conducted a cluster-randomized controlled trial to examine the effects of providing information on college costs and financial aid to high school students in poor regions of northwest China. We find that information increases the likelihood that students receive some types of financial aid. Information also positively affects the choice to attend college but does not seem to affect more specific college choices.

Primary Research Area:

Education Level:

APA Citation

Loyalka, P., Song, Y.Q., Wei, J.G, Zhong, W.P., & Rozelle, S. (2013). Financial Aid, College Decisions, and Information: Evidence from a Cluster-RCT in China. Economics of Education Review.